Cellmark, Inc. 401(k) Review & Grade
Cellmark Profit Sharing Plan and Trust
Shelton, CTWholesale Trade510 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$12,096Employer $ per active participant
$6,148Employee $ saved per active participant
0.14%Direct admin cost, % of plan assets
$154.7MNet plan assets, end of year
$269,076Average balance per account
Score breakdown
- Employer generosity49.3 / 5099th percentile for employer $ per participant
- Low cost16.2 / 2565th percentile for low admin cost vs. same-size plans
- Employee saving10.6 / 1570th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score73 / 100 · Grade B
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 99th |
| Lower admin cost | 65th |
| Employee saving | 70th |
| Peers that auto-enroll | 53% |
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 ($7,596 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $2,129 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Cellmark put in about $12,096 per active participant, more than the typical peer ($1,792). 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 auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $6,168,791 |
| Participant (employee) contributions | $3,135,705 |
| Other contributions (incl. rollovers in) | $177,834 |
| Administrative expenses paid from the plan | $210,964 |
| Other admin expenses | $4 |
| Benefits paid out | $15,301,966 |
| Net assets, start / end of year | $144.3M / $154.7M |
| Active participants, start / end of year | 511 / 509 |
| Participants with account balances | 575 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Armanino LLP |
Largest service providers (Schedule C)
| Merrill Lynch, Pierce, Fenner and S | $190,380 reported compensation |
| Armanino LLP | $20,580 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014091252NAL0003499776001, received 2025-10-14, EIN 68-0012735, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.