J.h.o.c. DBA Premier Transportation 401(k) Review & Grade
Premier Transportation Employee Retirement Savings 401(k) Plan
Forest Park, GATransportation & Warehousing683 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$129Employer $ per active participant
$1,771Employee $ saved per active participant
0.92%Direct admin cost, % of plan assets
$11.8MNet plan assets, end of year
$16,547Average balance per account
Score breakdown
- Employer generosity4.0 / 508th percentile for employer $ per participant
- Low cost1.9 / 258th percentile for low admin cost vs. same-size plans
- Employee saving4.1 / 1528th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score17 / 100 · Grade F
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 8th |
| Lower admin cost | 8th |
| Employee saving | 28th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
Corrective distributions: the plan refunded $18,024 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- J.h.o.c. DBA Premier Transportation put in about $129 per active participant, below the typical peer ($1,070). 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 (0.92% of assets) are well above similar-size plans (0.23%). 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.
- 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 | $88,399 |
| Participant (employee) contributions | $1,209,482 |
| Other contributions (incl. rollovers in) | $453,549 |
| Administrative expenses paid from the plan | $100,505 |
| Investment advisory & management fees | $35,824 |
| Benefits paid out | $1,103,168 |
| Net assets, start / end of year | $10.1M / $11.8M |
| Active participants, start / end of year | 712 / 654 |
| Participants with account balances | 713 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Moore Colson & Company |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $64,681 reported compensation |
| Empower Annuity Insurance Company | $35,824 reported compensation |
| Empower Financial Services, Inc. | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250918090909NAL0001911762001, received 2025-09-18, EIN 58-1949828, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.