Its Technologies & Logistics, LLC 401(k) Review & Grade
Its Technologies & Logistics, LLC 401(k) Retirement Savings Plan
Westmont, ILTransportation & Warehousing2,288 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$780Employer $ per active participant
$1,857Employee $ saved per active participant
0.46%Direct admin cost, % of plan assets
$58.6MNet plan assets, end of year
$40,088Average balance per account
Score breakdown
- Employer generosity20.1 / 5040th percentile for employer $ per participant
- Low cost6.5 / 2526th percentile for low admin cost vs. same-size plans
- Employee saving4.4 / 1529th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score31 / 100 · Grade D
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 40th |
| Lower admin cost | 26th |
| Employee saving | 29th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
Corrective distributions: the plan refunded $90,338 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Its Technologies & Logistics put in about $780 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 (0.46% 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 | $1,785,148 |
| Participant (employee) contributions | $4,249,731 |
| Other contributions (incl. rollovers in) | $2,856,480 |
| Administrative expenses paid from the plan | $253,876 |
| Contract administrator fees | $206,151 |
| Investment advisory & management fees | $32,500 |
| Benefits paid out | $9,146,049 |
| Net assets, start / end of year | $52.7M / $58.6M |
| Active participants, start / end of year | 2,363 / 2,213 |
| Participants with account balances | 1,461 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Crowe LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $206,151 reported compensation |
| Kestra Advisory Services | $32,500 reported compensation |
| Crowe LLP | $15,225 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250917134745NAL0000409905001, received 2025-09-17, EIN 36-4427852, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.