Retirement plan

AMERICAN LOGISTICS & AFFILIATES 401(K) PLAN

Name: AMERICAN LOGISTICS, LLC - AMERICAN LOGISTICS & AFFILIATES 401(K) PLAN (2023) Form 5500
Creator: AMERICAN LOGISTICS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN LOGISTICS & AFFILIATES 401(K) PLAN, AMERICAN LOGISTICS, LLC

AMERICAN LOGISTICS, LLCEIN 20-4583766Plan #001PY 2023

250 N RED CLIFFS DRIVE, UNIT 4B-559 - SAINT GEORGE, UT 84790866-999-3371

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$2.4M

+45.1% from 2022

Total participants

223

+7.2% from 2022

Average account balance

$30,427

+28.6% from 2022

Annual return

18.89%

+37.83 pp from 2022

Benchmarks

See 1,237 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,237 peers

Snapshot2023

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$2.70M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$33K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

40.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$606K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.48%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$7796

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY6 years Service code 13 · EIN 42-0127290	Contract Administrator	$13,141
SAN DIEGO ASSOCIATES INC6 years Service code 49 · EIN 33-0170749	Other Services	$6,775

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$13K

$63 / participant

Contract admin$13K100.0%

% of EOY assets

0.547%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Qualified opinion

Opinion is qualified - a specific issue limited the scope or accuracy of the audit.

Auditor firm: MOSS ADAMS
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Qualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,427

$51,083-40.4%

$70,548-56.9%

$71,495-57.4%

Participation rate

31.4%

59.4%-28.0pp

68.3%-36.9pp

67.9%-36.5pp

Annual return

18.89%

42.64%-23.8pp

32.78%-13.9pp

28.85%-10.0pp

Employer contribution / active EE

$946

$1,791-47.2%

$2,975-68.2%

$2,589-63.5%

Participant deferral / active EE

$1,440

$3,028-52.5%

$4,567-68.5%

$4,291-66.5%

Admin fee / account holder

$166

$1,995-91.7%

$6,424-97.4%

$1,588-89.5%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY6 years

Service code 13 · EIN 42-0127290

Contract Administrator

$13,141

SAN DIEGO ASSOCIATES INC6 years

Service code 49 · EIN 33-0170749

Other Services

$6,775

AMERICAN LOGISTICS & AFFILIATES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN LOGISTICS & AFFILIATES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion