Plan Ledger DOL Form 5500 · updated monthly

Ats Logistics, Inc.401(k)

ATS LOGISTICS, INC. 401(K) PLAN · NORTH CHARLESTON, SC · plan year 2022

Reported admin expense ratio · 2022
0.70%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Ats Logistics, Inc. reported $21,506 in plan administrative expenses for 2022: 0.70% of average plan assets, above the peer median. Employer contributions averaged $1,775 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.70% to 1.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in South Carolina (650th of 807), and 1,939th of 2,677 in transportation & warehousing. In 2022, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,999,011
Participants with balances128
Active participants96
Employer contributions$170,370
Employee contributions$294,539
Employer contribution per active participant$1,775
Average account balance$23,430
Benefits paid to participants$203,234
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS
Plan history2
Yearassets · accounts · employer contribution
2023$2.6M · 102 accts · $194K emplr
2022$3.0M · 128 accts · $170K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,225
Investment management$14,281
Total administrative$21,506
The Ats Logistics, Inc. 401(k) match · 2022
Employer contribution per active participant$1,775
Median for plans this size$1,114
2023$2,521 per active participant
2022$1,775 per active participant

Ats Logistics, Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$28,080 · 1.01%
2022$21,506 · 0.70%
Similar plansTransportation & Warehousing · South Carolina
Harbor Logistics LLC SC$2.7M · 0.18%
Ards SC$1.6M · 1.08%
Lmr Trucking Inc SC$1.2M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 571106038 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.