Thanks for the quick replies guys,
PC power plan was indeed set to Samsung High performance, I changed it to Balanced and in BIOS I have C-states, EIST and Turbo mode set to enable.
Now when idle my CPU downclocks to 0.8 GHz and under load goes to 3.8 GHz (Bus speed ~100 MHz and multiplier from 8 to 38). Now my question is how to set the CPU to go to its nominal turbo boost frequency of 4.0 GHz? I have no idea why the max Turbo Frequency goes only to 3.8 GHz.