Plan Ledger DOL Form 5500 · updated monthly

Cerberus Capital Management, L.P.401(k)

CERBERUS CAPITAL MANAGEMENT, L.P. PROFIT SHARING 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.08%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Cerberus Capital Management, L.P. reported $262,902 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $30,650 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.081%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 311th-largest of 5,648 plans among New York employers on file, and the 403rd of 4,798 in finance & insurance. In 2024, the employer put in $2.78 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$345,305,485
Participants with balances1,258
Active participants597
Employer contributions$18,297,783
Employee contributions$6,587,033
Employer contribution per active participant$30,650
Average account balance$274,488
Benefits paid to participants$22,465,512
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$345.3M · 1,258 accts · $18.3M emplr
2023$303.7M · 1,171 accts · $18.8M emplr
2022$250.3M · 1,183 accts · $16.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$262,870
Investment management$32
Total administrative$262,902
The Cerberus Capital Management, L.P. 401(k) match · 2024
Employer contribution per active participant$30,650
Median for plans this size$4,294
2024$30,650 per active participant
2023$28,720 per active participant
2022$27,614 per active participant

Cerberus Capital Management, L.P.'s 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
JOHN HANCOCK NEW YORK · Recordkeeping · Investment management$874

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$262,902 · 0.08%
2023$216,549 · 0.08%
2022$208,264 · 0.08%
Same employer
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Baron Capital, Inc. NY$353.9M · 0.01%
Tradeweb Markets LLC NY$331.9M · 0.02%
Warburg Pincus LLC NY$324.9M · 0.01%
Cowen Inc. NY$321.9M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133709388 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.