Cae USA, Inc. 401(k) Review & Grade
Cae USA, Inc. Savings, Investment & Employee Benefit Plan Number 1
Tampa, FLEducational Services4,419 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,997Employer $ per active participant
$9,819Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$544.9MNet plan assets, end of year
$93,138Average balance per account
Score breakdown
- Employer generosity45.5 / 5091th percentile for employer $ per participant
- Low cost12.5 / 2550th percentile for low admin cost vs. same-size plans
- Employee saving15.0 / 15100th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score73 / 100 · Grade B
This plan vs. peers
Peers: Educational Services plans with 2,500–9,999 active participants (34 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 91th |
| Lower admin cost | 50th |
| Employee saving | 100th |
| Peers that auto-enroll | 65% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Cae USA put in about $3,997 per active participant, more than the typical peer ($1,155). 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.
- 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 | $17,661,474 |
| Participant (employee) contributions | $43,391,725 |
| Other contributions (incl. rollovers in) | $4,026,808 |
| Administrative expenses paid from the plan | $624,256 |
| Other admin expenses | $624,256 |
| Benefits paid out | $64,747,631 |
| Net assets, start / end of year | $479.6M / $544.9M |
| Active participants, start / end of year | 4,484 / 4,354 |
| Participants with account balances | 5,851 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Pricewaterhousecoopers |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $405,158 reported compensation |
| Vanguard Advisers Inc. | $210,818 reported compensation |
| Cbiz Mayer Hoffman Mccann PC | $25,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250728140627NAL0002350352001, received 2025-07-28, EIN 51-0311065, plan #004, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.