Nots Logistics, L.L.C. 401(k) Review & Grade
Nots Logistics, L.L.C. 401(k) Plan
Nashville, ILTransportation & Warehousing504 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$986Employer $ per active participant
$1,357Employee $ saved per active participant
1.81%Direct admin cost, % of plan assets
$6.2MNet plan assets, end of year
$12,128Average balance per account
Score breakdown
- Employer generosity23.5 / 5047th percentile for employer $ per participant
- Low cost0.4 / 252th percentile for low admin cost vs. same-size plans
- Employee saving2.9 / 1519th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score27 / 100 · Grade F
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 47th |
| Lower admin cost | 2th |
| Employee saving | 19th |
| 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
- Nots Logistics put in about $986 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 (1.81% 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.
- 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 | $497,621 |
| Participant (employee) contributions | $684,667 |
| Other contributions (incl. rollovers in) | $9,221 |
| Administrative expenses paid from the plan | $101,065 |
| Contract administrator fees | $55,818 |
| Investment advisory & management fees | $17,021 |
| Benefits paid out | $535,378 |
| Net assets, start / end of year | $5.0M / $6.2M |
| Active participants, start / end of year | 494 / 515 |
| Participants with account balances | 513 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Krehbiel & Associates, LLC |
Largest service providers (Schedule C)
| Benefit Plans Plus, LLC | $55,818 reported compensation |
| Raymond James & Associates, Inc. | $17,021 reported compensation |
| Capital Group Retirement Plan Svcs | $15,626 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013171608NAL0001764353001, received 2025-10-13, EIN 37-1387227, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.