Musarubra US, LLC 401(k) Review & Grade
Musarubra US, LLC 401(k) Plan
Plano, TXProfessional, Scientific & Technical Services1,452 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$6,084Employer $ per active participant
$15,435Employee $ saved per active participant
0.00%Direct admin cost, % of plan assets
$251.0MNet plan assets, end of year
$136,167Average balance per account
Score breakdown
- Employer generosity39.9 / 5080th percentile for employer $ per participant
- Low cost24.9 / 25100th percentile for low admin cost vs. same-size plans
- Employee saving13.4 / 1590th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score75 / 100 · Grade A
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 80th |
| Lower admin cost | 100th |
| Employee saving | 90th |
| Peers that auto-enroll | 48% |
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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 ($8,154 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $34,596 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Musarubra US put in about $6,084 per active participant, more than the typical peer ($3,082). 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 | $8,833,691 |
| Participant (employee) contributions | $22,410,998 |
| Other contributions (incl. rollovers in) | $4,689,809 |
| Administrative expenses paid from the plan | $3,485 |
| Contract administrator fees | $1,800 |
| Benefits paid out | $34,959,511 |
| Net assets, start / end of year | $216.2M / $251.0M |
| Active participants, start / end of year | 1,607 / 1,297 |
| Participants with account balances | 1,843 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cbiz Cpas, P.C. |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $3,485 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250828160031NAL0005674435001, received 2025-08-28, EIN 86-2066250, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.