Caesarstone Usa, Inc. 401(k) Plan: Login, Facts & Contact Information

Caesarstone Usa, Inc. 401(k) Plan Facts

Plan name
CAESARSTONE USA, INC. 401(K) & PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CAESARSTONE USA, INC.
Participants
514 (450 active employees)
Former employees with a balance
181
Plan assets
$12,089,025 at Dec 31, 2022
Average account balance
$28,180 across 429 accounts
Employer contributions
$1,442,702 in plan year 2022 (38% of all contributions)
Recordkeeper
Adp, Inc.
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Apr 28, 2017
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Oct 14, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $3.79 million went into the plan in contributions, $1.44 million of it from the employer (38%).
  • $2.21 million was paid out to participants.
  • Administrative expenses were $12,278, about $29 per account.

How the Caesarstone Usa, Inc. 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2017174$4.28 million$529,382$314,914
2018332$5.58 million$912,963$786,587
2019349$7.85 million$848,965$1.03 million
2020348$10.1 million$884,799$1.48 million
2021388$12.6 million$951,568$2.01 million
2022514$12.1 million$1.44 million$2.21 million

Caesarstone Usa, Inc. 401(k) Contact Information

Phone
647-405-1979
Mailing address
1401 W MOREHEAD STREET SUITE 100, CHARLOTTE NC 28208
Plan sponsor
CAESARSTONE USA, INC.
Employer identification number (EIN)
95-4747697
Plan number
001

Questions about the Caesarstone Usa, Inc. 401(k)

Does Caesarstone Usa, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $1.44 million, 38% of all contributions.

Does the Caesarstone Usa, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Caesarstone Usa, Inc 401(k) plan?

514 participants at the start of plan year 2022, 450 of them active employees, and 181 former employees who still had money in the plan.

What is the average 401(k) balance at Caesarstone Usa, Inc?

About $28,180 per account: $12.1 million in plan assets across 429 accounts with a balance at the end of plan year 2022.

Who manages the Caesarstone Usa, Inc 401(k) accounts?

ADP Retirement Services (listed on the filing as ADP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Caesarstone Usa, Inc. How do I access my 401(k)?

Your account stays with ADP Retirement Services after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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