These high capacity ceramics have terrible DC bias characteristics. The plot below, taken from the data sheet, says it all.
Sure but that has no relevant effect when OP was testing at 0.5V AC.
"DC bias" is a misleading name - C(V) characteristics is a better name. A capacitor does not understand "DC" or "AC", it just sees a voltage, and the effective capacitance drops. This is evident if you use an oscilloscope to plot the voltage of an AC current source into the capacitor: voltage rise rate is not a constant, but accelerates when the voltage increases. And this is how component testers operate.
The point is, if the part is already rated to lose 80% of its capacitance at 5V (note: I'm saying just "5V", not "5V DC bias", which is a confusing way to say it), then surely it loses some capacitance already at 0.5V. How much, look at the manufacturer graphs (if available) very carefully, but it could be something very real and measurable, like 5-10%.
So OP would see combination of at least three factors:
- Lack of high-temperature curing (soldering)
- "DC bias" effect, even at 0.5V "AC"
- Tolerance
Remember that tolerance also allows manufacturer (who has better quality control than tolerance demands) to manufacture systematically under the nominal spec parts. For example, if component tolerance is given as +/- 20% and manufacturer is sure their process is accurate to +/-10%, they can manufacture parts which fall between -20% and 0% and save some costs while delivering a product that's completely in-spec.