Cartamundi East Longmeadow LLC 401(k) Review & Grade
Cartamundi North America 401(k) Plan
East Longmeadow, MAManufacturing928 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,575Employer $ per active participant
$4,895Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$77.9MNet plan assets, end of year
$67,340Average balance per account
Score breakdown
- Employer generosity34.9 / 5070th percentile for employer $ per participant
- Low cost21.6 / 2587th percentile for low admin cost vs. same-size plans
- Employee saving7.4 / 1549th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score57 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 70th |
| Lower admin cost | 87th |
| Employee saving | 49th |
| 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 ($624,931 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
- Cartamundi East Longmeadow put in about $3,575 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- 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 | $3,319,600 |
| Participant (employee) contributions | $4,544,916 |
| Other contributions (incl. rollovers in) | $1,611,019 |
| Administrative expenses paid from the plan | $38,158 |
| Investment advisory & management fees | $43,019 |
| Benefits paid out | $7,767,382 |
| Net assets, start / end of year | $67.4M / $77.9M |
| Active participants, start / end of year | 879 / 978 |
| Participants with account balances | 1,157 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Foxbyrd |
Largest service providers (Schedule C)
| Usi Advisors Inc | $29,575 reported compensation |
| Fox Byrd & Company PC | $24,000 reported compensation |
| Strategic Advisors, Inc. | $13,443 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014085053NAL0003457808001, received 2025-10-14, EIN 47-4232142, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.