CJ Logistics America, LLC 401(k) Review & Grade
CJ Logistics America 401(k) Plan
Des Plaines, ILTransportation & Warehousing3,131 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$744Employer $ per active participant
$2,471Employee $ saved per active participant
0.21%Direct admin cost, % of plan assets
$106.8MNet plan assets, end of year
$58,516Average balance per account
Score breakdown
- Employer generosity10.7 / 5021th percentile for employer $ per participant
- Low cost8.2 / 2533th percentile for low admin cost vs. same-size plans
- Employee saving3.8 / 1525th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score23 / 100 · Grade F
This plan vs. peers
Peers: Transportation & Warehousing plans with 2,500–9,999 active participants (123 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 21th |
| Lower admin cost | 33th |
| Employee saving | 25th |
| Peers that auto-enroll | 46% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $34,155 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- CJ Logistics America put in about $744 per active participant, below the typical peer ($1,834). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- Direct plan expenses (0.21% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $2,329,591 |
| Participant (employee) contributions | $7,736,516 |
| Other contributions (incl. rollovers in) | $808,474 |
| Administrative expenses paid from the plan | $215,031 |
| Benefits paid out | $14,317,373 |
| Net assets, start / end of year | $96.8M / $106.8M |
| Active participants, start / end of year | 3,238 / 3,024 |
| Participants with account balances | 1,825 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $215,031 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250925103821NAL0008418769001, received 2025-09-25, EIN 36-3620628, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.