Americold Logistics LLC 401(k) Review & Grade
Americold Logistics Employee Savings and Investment Plan
Atlanta, GATransportation & Warehousing9,976 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$949Employer $ per active participant
$2,776Employee $ saved per active participant
0.30%Direct admin cost, % of plan assets
$319.7MNet plan assets, end of year
$39,536Average balance per account
Score breakdown
- Employer generosity13.9 / 5028th percentile for employer $ per participant
- Low cost5.7 / 2523th percentile for low admin cost vs. same-size plans
- Employee saving4.3 / 1529th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-20 pts2 issues reported on the filing
Total score14 / 100 · Grade F
This plan vs. peers
Peers: Transportation & Warehousing plans with 2,500–9,999 active participants (123 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 28th |
| Lower admin cost | 23th |
| Employee saving | 29th |
| Peers that auto-enroll | 46% |
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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 ($8,789 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Fraud or dishonesty loss: the plan reported a loss caused by fraud or dishonesty during the year.
What to do if you're in this plan
- Americold Logistics put in about $949 per active participant, below the typical peer ($1,834). 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 (0.30% of assets) are well above similar-size plans (0.12%). 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.
- 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 | $9,471,363 |
| Participant (employee) contributions | $27,697,508 |
| Other contributions (incl. rollovers in) | $3,844,683 |
| Administrative expenses paid from the plan | $916,583 |
| Contract administrator fees | $916,583 |
| Benefits paid out | $43,837,752 |
| Net assets, start / end of year | $288.4M / $319.7M |
| Active participants, start / end of year | 10,413 / 9,539 |
| Participants with account balances | 8,086 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Frazier & Deeter, LLC |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $916,582 reported compensation |
| NFP Retirement | $49,500 reported compensation |
| Frazier & Deeter | $9,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251011111001NAL0013824912001, received 2025-10-11, EIN 22-3631006, plan #014, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.