Cerberus Capital Management 401(k) match, vesting and fees
What Cerberus Capital Management's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | John Hancock New York | Schedule C ↗ |
| Independent auditor | Pricewaterhousecoopers LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 673 defined-contribution plans in finance and insurance with 1,000 to 4,999 participants.
| Cerberus Capital Management: employer contribution per participant | $14,545 | |
| Peer median | $2,966 |
| Cerberus Capital Management: average balance | $274,488 | |
| Peer median | $104,792 |
| Cerberus Capital Management: admin expenses ÷ assets | 0.08% | |
| Peer median | 0.10% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $285M at the end of plan year 2021 to $345M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,267 | $345M | $18.3M | $14,545 | 0.08% | Not published | Form 5500 ↗ |
| 2023 | 1,272 | $304M | $18.8M | $16,016 | 0.08% | Not published | Form 5500 ↗ |
| 2022 | 1,183 | $250M | $16.7M | $14,075 | 0.08% | Not published | Form 5500 ↗ |
| 2021 | 1,079 | $285M | $14M | $12,955 | 0.08% | Not published | Form 5500 ↗ |
Common questions
Does Cerberus Capital Management match 401(k) contributions?
The match terms for the Cerberus Capital Management, L.P. Profit Sharing 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $18.3M in employer contributions, about $14,545 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Cerberus Capital Management 401(k) match vested?
The vesting schedule for the Cerberus Capital Management, L.P. Profit Sharing 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Cerberus Capital Management 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock New York. The plan administrator is Cerberus Capital Management, L.P..
I left Cerberus Capital Management. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Cerberus Capital Management, L.P., (212) 891-2100) or the recordkeeper, John Hancock New York. The Cerberus Capital Management old 401(k) page lists the contacts from every plan filing. Find an old Cerberus Capital Management 401(k)
Data from the public Form 5500 annual reports Cerberus Capital Management filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Cerberus Capital Management. Not financial advice. Report a correction · Methodology