Composecure, LLC 401(k) Review & Grade
Composecure, LLC 401(k) Profit Sharing Plan
Somerset, NJProfessional, Scientific & Technical Services998 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,975Employer $ per active participant
$4,640Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$48.1MNet plan assets, end of year
$43,199Average balance per account
Score breakdown
- Employer generosity16.9 / 5034th percentile for employer $ per participant
- Low cost17.9 / 2572th percentile for low admin cost vs. same-size plans
- Employee saving3.6 / 1524th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-10 pts1 issue reported on the filing
Total score28 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 34th |
| Lower admin cost | 72th |
| Employee saving | 24th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($24 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
- Composecure put in about $1,975 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- 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 | $1,971,258 |
| Participant (employee) contributions | $4,631,045 |
| Other contributions (incl. rollovers in) | $39,497 |
| Administrative expenses paid from the plan | $47,378 |
| Contract administrator fees | $47,378 |
| Benefits paid out | $2,386,288 |
| Net assets, start / end of year | $37.9M / $48.1M |
| Active participants, start / end of year | 968 / 1,028 |
| Participants with account balances | 1,113 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Grant Thornton LLP |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014090819NAL0003451840001, received 2025-10-14, EIN 22-3735694, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.