Fam International Logistics, Inc. 401(k) Review & Grade
Crisis24 Global Protective Solutions 401(k) Plan
Boca Raton, FLAdministrative, Support & Staffing Services1,250 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,429Employer $ per active participant
$4,218Employee $ saved per active participant
0.35%Direct admin cost, % of plan assets
$29.9MNet plan assets, end of year
$39,673Average balance per account
Score breakdown
- Employer generosity41.8 / 5084th percentile for employer $ per participant
- Low cost8.8 / 2535th percentile for low admin cost vs. same-size plans
- Employee saving10.8 / 1572th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score51 / 100 · Grade C
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 500–2,499 active participants (401 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 84th |
| Lower admin cost | 35th |
| Employee saving | 72th |
| Peers that auto-enroll | 27% |
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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 ($653,769 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $2,322 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Fam International Logistics put in about $2,429 per active participant, more than the typical peer ($712). 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.
- Direct plan expenses (0.35% 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.
- 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 | $3,034,564 |
| Participant (employee) contributions | $5,270,747 |
| Other contributions (incl. rollovers in) | $566,045 |
| Administrative expenses paid from the plan | $90,818 |
| Investment advisory & management fees | $20,144 |
| Benefits paid out | $3,877,394 |
| Net assets, start / end of year | $21.9M / $29.9M |
| Active participants, start / end of year | 1,234 / 1,265 |
| Participants with account balances | 753 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Walsh and Dickinson |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $70,674 reported compensation |
| Global Retirement Partners LLC | $20,144 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251211145609NAL0007443824001, received 2025-12-11, EIN 27-0033884, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.