Acosta, Inc. 401(k) Review & Grade
Acosta, Inc. 401(k) Retirement Plan
Jacksonville, FLWholesale Trade39,318 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$330Employer $ per active participant
$1,205Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$838.9MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity1.5 / 503th percentile for employer $ per participant
- Low cost12.0 / 2548th percentile for low admin cost vs. same-size plans
- Employee saving0.4 / 153th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score4 / 100 · Grade F
This plan vs. peers
Peers: Wholesale Trade plans with 10,000+ active participants (35 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 3th |
| Lower admin cost | 48th |
| Employee saving | 3th |
| Peers that auto-enroll | 63% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $382,542 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Acosta put in about $330 per active participant, below the typical peer ($2,420). 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.
- 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.
- 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 | $12,970,368 |
| Participant (employee) contributions | $47,368,778 |
| Other contributions (incl. rollovers in) | $62,518,715 |
| Administrative expenses paid from the plan | $725,647 |
| Contract administrator fees | $3,600 |
| Investment advisory & management fees | $192,722 |
| Benefits paid out | $109,714,644 |
| Net assets, start / end of year | $741.7M / $838.9M |
| Active participants, start / end of year | 27,227 / 51,410 |
| Participants with account balances | 13,566 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Ennis, Pellum & Associates, Cpas |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $461,440 reported compensation |
| Newport Group Securities, Inc | $144,520 reported compensation |
| Ennis Pellum & Associates, P.A. | $71,485 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014101422NAL0001211155001, received 2025-10-14, EIN 84-3954764, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.