Jas Forwarding (U.S.A.), Inc. 401(k) Review & Grade
Jas Forwarding (USA), Inc. 401(k) Plan
Atlanta, GATransportation & Warehousing1,101 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,756Employer $ per active participant
$6,632Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$92.9MNet plan assets, end of year
$63,662Average balance per account
Score breakdown
- Employer generosity41.3 / 5083th percentile for employer $ per participant
- Low cost21.8 / 2587th percentile for low admin cost vs. same-size plans
- Employee saving12.8 / 1585th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score66 / 100 · Grade B
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 83th |
| Lower admin cost | 87th |
| Employee saving | 85th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($997,162 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $1,498 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Jas Forwarding (U.S.A.) put in about $2,756 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 reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $3,034,643 |
| Participant (employee) contributions | $7,302,186 |
| Other contributions (incl. rollovers in) | $711,425 |
| Administrative expenses paid from the plan | $43,670 |
| Benefits paid out | $8,071,650 |
| Net assets, start / end of year | $79.4M / $92.9M |
| Active participants, start / end of year | 1,101 / 1,101 |
| Participants with account balances | 1,460 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Deloitte & Touche LLP |
Largest service providers (Schedule C)
| Oppenheimer & Co Inc | $120,895 reported compensation |
| Deloitte & Touche LLP | $43,408 reported compensation |
| Fidelity Investments Institutional | $262 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015133056NAL0002368499001, received 2025-10-15, EIN 91-1430765, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.