Ait Worldwide Logistics, Inc. 401(k) Review & Grade
Ait Worldwide Logistics, Inc. 401(k) Savings Plan
Chicago, ILTransportation & Warehousing1,532 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,099Employer $ per active participant
$6,674Employee $ saved per active participant
0.23%Direct admin cost, % of plan assets
$117.3MNet plan assets, end of year
$68,015Average balance per account
Score breakdown
- Employer generosity42.7 / 5085th percentile for employer $ per participant
- Low cost12.5 / 2550th percentile for low admin cost vs. same-size plans
- Employee saving12.8 / 1585th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score78 / 100 · Grade A
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 85th |
| Lower admin cost | 50th |
| Employee saving | 85th |
| 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
- Ait Worldwide Logistics put in about $3,099 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 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 | $4,747,934 |
| Participant (employee) contributions | $10,224,041 |
| Other contributions (incl. rollovers in) | $3,430,714 |
| Administrative expenses paid from the plan | $242,860 |
| Investment advisory & management fees | $58,311 |
| Benefits paid out | $9,337,917 |
| Net assets, start / end of year | $95.5M / $117.3M |
| Active participants, start / end of year | 1,400 / 1,664 |
| Participants with account balances | 1,725 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Sikich CPA LLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $184,549 reported compensation |
| Strategic Advisors, Inc. | $32,811 reported compensation |
| Gallagher Fiduciary Advisors LLC | $25,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250821163558NAL0007634672001, received 2025-08-21, EIN 36-3033973, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.