Atlanta Bonded Warehouse Corp 401(k) Review & Grade
Atlanta Bonded Warehouse Corp 401(k) Retirement Plan
Kennesaw, GATransportation & Warehousing918 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,965Employer $ per active participant
$4,013Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$67.2MNet plan assets, end of year
$64,507Average balance per account
Score breakdown
- Employer generosity42.2 / 5084th percentile for employer $ per participant
- Low cost24.1 / 2596th percentile for low admin cost vs. same-size plans
- Employee saving9.5 / 1563th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score86 / 100 · Grade A
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 84th |
| Lower admin cost | 96th |
| Employee saving | 63th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Atlanta Bonded Warehouse put in about $2,965 per active participant, more than the typical peer ($1,070). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,723,349 |
| Participant (employee) contributions | $3,686,227 |
| Other contributions (incl. rollovers in) | $30,132 |
| Administrative expenses paid from the plan | $10,082 |
| Benefits paid out | $4,216,533 |
| Net assets, start / end of year | $57.5M / $67.2M |
| Active participants, start / end of year | 927 / 910 |
| Participants with account balances | 1,042 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Lynne D. Jones CPA |
Largest service providers (Schedule C)
| Adp, Inc. | $10,082 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250904053015NAL0026922112001, received 2025-09-04, EIN 58-0904402, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.