Caerus US 1 Inc. 401(k) Review & Grade
Norstella 401(k) Profit Sharing Plan
New York, NYManufacturing1,633 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,167Employer $ per active participant
$8,323Employee $ saved per active participant
0.37%Direct admin cost, % of plan assets
$96.6MNet plan assets, end of year
$58,733Average balance per account
Score breakdown
- Employer generosity32.7 / 5065th percentile for employer $ per participant
- Low cost8.2 / 2533th percentile for low admin cost vs. same-size plans
- Employee saving12.3 / 1582th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score46 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 65th |
| Lower admin cost | 33th |
| Employee saving | 82th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($2,919 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Caerus US 1 put in about $3,167 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.37% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $5,171,594 |
| Participant (employee) contributions | $13,590,804 |
| Other contributions (incl. rollovers in) | $5,291,451 |
| Administrative expenses paid from the plan | $309,143 |
| Contract administrator fees | $62,098 |
| Investment advisory & management fees | $213,683 |
| Benefits paid out | $8,967,667 |
| Net assets, start / end of year | $69.3M / $96.6M |
| Active participants, start / end of year | 1,631 / 1,635 |
| Participants with account balances | 1,644 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Torrillo & Associates, LLC |
Largest service providers (Schedule C)
| Ubs Financial Services Inc | $204,904 reported compensation |
| Alliant Insurance Services Inc. | $62,098 reported compensation |
| Empower Annuity Insurance Company | $33,362 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251118155749NAL0002722801001, received 2025-11-18, EIN 88-0547633, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.