Tabacalera USA Inc. 401(k) Review & Grade
Tabacalera USA Retirement Plan
FT Lauderdale, FLWholesale Trade632 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,587Employer $ per active participant
$2,576Employee $ saved per active participant
0.37%Direct admin cost, % of plan assets
$24.9MNet plan assets, end of year
$73,037Average balance per account
Score breakdown
- Employer generosity21.8 / 5044th percentile for employer $ per participant
- Low cost8.3 / 2533th percentile for low admin cost vs. same-size plans
- Employee saving2.5 / 1517th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-20 pts2 issues reported on the filing
Total score16 / 100 · Grade F
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 44th |
| Lower admin cost | 33th |
| Employee saving | 17th |
| Peers that auto-enroll | 53% |
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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 ($179,258 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Tabacalera USA put in about $1,587 per active participant, below the typical peer ($1,792). 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.
- 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 | $1,003,856 |
| Participant (employee) contributions | $1,629,584 |
| Other contributions (incl. rollovers in) | $603,007 |
| Administrative expenses paid from the plan | $86,065 |
| Investment advisory & management fees | $35,839 |
| Benefits paid out | $2,470,865 |
| Net assets, start / end of year | $21.8M / $24.9M |
| Active participants, start / end of year | 459 / 806 |
| Participants with account balances | 341 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cohnreznick,llp |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $50,226 reported compensation |
| Mercer Investment Management Inc | $33,750 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015160541NAL0002720611001, received 2025-10-15, EIN 30-0884509, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.