Crestron Electronics, Inc 401(k) Review & Grade
Crestron Electronics Inc. Retirement Plan
Rockleigh, NJManufacturing1,589 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$4,015Employer $ per active participant
$10,479Employee $ saved per active participant
0.27%Direct admin cost, % of plan assets
$274.6MNet plan assets, end of year
$126,950Average balance per account
Score breakdown
- Employer generosity37.6 / 5075th percentile for employer $ per participant
- Low cost11.0 / 2544th percentile for low admin cost vs. same-size plans
- Employee saving13.7 / 1591th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score55 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 75th |
| Lower admin cost | 44th |
| Employee saving | 91th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Crestron Electronics put in about $4,015 per active participant, more than the typical peer ($2,320). 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 | $6,380,610 |
| Participant (employee) contributions | $16,651,533 |
| Other contributions (incl. rollovers in) | $932,126 |
| Administrative expenses paid from the plan | $710,936 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $587,048 |
| Benefits paid out | $29,431,060 |
| Net assets, start / end of year | $243.7M / $274.6M |
| Active participants, start / end of year | 1,713 / 1,465 |
| Participants with account balances | 2,163 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Sax LLP |
Largest service providers (Schedule C)
| Merrill Lynch | $587,045 reported compensation |
| Fidelity Investments Institutional | $123,888 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010133806NAL0008239633001, received 2025-10-10, EIN 22-2077521, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.