Why a Southern California Warehouse Is “Setting People Up for Success”

Why a Southern California Warehouse Is “Setting People Up for Success”

Why a Southern California Warehouse Is “Setting People Up for Success”

Employees

Employees

20
20

Location

Temecula, CA
Temecula, CA

Industry

Warehousing / Logistics
Warehousing / Logistics
The Basic Capital impact

Change in participation

+600%

+600%

+600%

Times saved per week

1 hour

1 hour

1 hour

Customer goal

Retention

Retention

Retention

In Temecula, California, Ideal Fulfillment is proving a better warehouse job is possible.

Founded in 2018 by Chris Barlog and Chris Page, the company emerged after the realization that third-party logistics providers weren’t getting it right. So Barlog and Page decided to build something better on their own.

Long-Term Thinking in the Face of Short-Term Pressures  

Prior to the company’s launch, Barlog worked as a propulsion-systems engineer, supporting test and flight operations for liquid-fuel rocket engines. On the side he and some friends launched an Amazon FBA retailer, but working with fulfillment centers was a mess.

“They didn’t have the software in place to handle it,” Barlog said. “Communication was rough. They would often lose our inventory, or the counts would be off, so we’d have to chase them down for that. I thought, This is ridiculous. We could do better.”

That frustration, combined with Page’s experience helping a family member with fulfillment, turned their side project into a full-time venture. They left their jobs to commit to Ideal Fulfillment. “Jeff Bezos quit his little warehouse company to focus on space,” Barlog nimbly posted in his LinkedIn bio. “I did the opposite.” 

A Different Kind of Warehouse Job

Warehouse labor is often associated with long hours, high turnover, and oppressive performance tracking. Ideal Fulfillment offers something different. Employees adhere to the standard 40-hour week, with optional overtime. There are no strict productivity quotas or constant surveillance.

“We’ve had a number of employees who actually left and went to Amazon,” Barlog said. “But they returned, because the hours and expectations are ridiculous. You have to hit metrics every day; otherwise, your job’s on the line. People appreciate the predictability here.”

The company’s team includes around 20 employees, with a core warehouse staff of 12. Most have been with Ideal Fulfillment for years, and the culture favors creative problem-solving and collaboration over top-down control.

The Retirement Benefit Nobody Asked For

Despite a stable team and positive environment, Barlog struggled to gain traction with retirement savings. “I’ve always been passionate about investing and retirement planning,” he said. “But when we offered a Simple IRA through Fidelity, only one person signed up.”

The process was a headache. Employees had to complete and snail-mail paper forms, while Barlog had to log in weekly to manage contributions. For a workforce that skews younger and prioritizes take-home pay, it just wasn’t clicking. Besides, nothing is more discouraging — no matter the age group — than going on a scavenger hunt for a postage stamp. 

To be fair, the admin burden was manageable with only one enrolled employee, but the experience spoke a bigger truth about wage earners’ inability to realistically plan for retirement.  

“If you’re making $20 an hour and living in Southern California, thinking about retirement can feel impossible,” he said. “Most people would rather take an extra dollar per hour than a long-term benefit.”

Finding a Better Fit

Things shifted when Barlog came across an ad on Instagram for Basic Capital. He’d just finished reading Lifecycle Investing, too, so the power of compound interest “was fresh in my mind,” he recalled.

“I’ve read a lot of books around the topic,” Barlog continued, “and the benefit of Basic Capital’s leverage has the potential to provide outsized returns, compared to other options. Plus, it just looked a lot more user-friendly for everybody. ” 

 Barlog and Page rolled out Basic Capital with a 3% employer match. An onboarding visit from the company’s CEO, Abdul Al-Assad, followed, and participation rose from one employee to six. One team member even committed 10% of his paycheck to the financing plan.

“It was good to just have a dedicated time where all the employees sat down and had an honest discussion about retirement savings,” Barlog said. “For a lot of them, that was literally the first time. That was the initial spark.”

A Long-Term Bet 

Barlog knows offering a retirement benefit (particularly a 3% match) adds costs to the business. But for him that’s not the point. “This is our team,” he said. “These are people we care about. I want them to be setting themselves up for success, you know?”

Ideal Fulfillment isn’t aiming to scale like Amazon or squeeze every single minute for efficiency. It’s trying to build a business that works for customers as much as the people running it.

“I’m definitely passionate about investing for the future,” he said, “and so it’s cool to help a few others get on that path.”

How Ideal Fulfillment Uses Basic Capital

How Ideal Fulfillment Uses Basic Capital

How Ideal Fulfillment Uses Basic Capital

Basic Capital Product

401(k)

401(k)

401(k)

Payroll Provider

Gusto

Gusto

Gusto

Ideal Fulfillment Sets Up Workers for Success With Retirement Benefits

Ideal Fulfillment Sets Up Workers for Success With Retirement Benefits

Ideal Fulfillment Sets Up Workers for Success With Retirement Benefits

Retirement wasn’t resonating—until Ideal Fulfillment found a better fit. Here's how we’re helping their team think long-term.

Retirement wasn’t resonating—until Ideal Fulfillment found a better fit. Here's how we’re helping their team think long-term.

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The accounts, strategies and/or investments discussed in this material may not be suitable for all investors. The appropriateness of a particular account or investment strategy will depend on an investor’s individual circumstances and objectives. Investors should carefully consider their investment objectives and risks, as well as charges and expenses of Basic Capital before investing. Basic Capital investments should only be part of your overall investment portfolio.

This website provides preliminary and general information about the Securities and is intended for initial reference purposes only. It does not summarize or compile all the applicable information. This website does not constitute an offer to sell or buy any securities. No offer or sale of any Securities will occur without the delivery of confidential offering materials and related documents. This information contained herein is qualified by and subject to more detailed information in the applicable offering materials.

Basic Capital Group Inc, is the direct owner of Basic Capital Markets LLC. Basic Capital Markets LLC has not yet been approved as a member of FINRA/SIPC.

Basic Capital Advisors LLC’s internet-based advisory and administrative services are designed to assist clients in achieving customer defined financial goals. They are not intended to provide comprehensive tax advice or provide comprehensive financial planning with respect to all aspects of your financial situation, nor do they account for specific investments held outside our platform. Investing in securities carries inherent risks, including the possibility of losing money. While asset allocation and diversification aim to manage risk, they do not ensure profits or protect against losses, and past performance does not guarantee future outcomes.

Any financial projections or returns shown on the website are estimated predictions of performance only, are hypothetical, are not based on actual investment results and are not guarantees of future results. Estimated projections do not represent or guarantee the actual results of any transaction, and no representation is made that any transaction will, or is likely to, achieve results or profits similar to those shown. In addition, other financial metrics and calculations shown on the website (including amounts of principal and interest repaid) have not been independently verified or audited and may differ from the actual financial metrics and calculations for any investment, which are contained in the investors’ portfolios. Any investment information contained herein has been secured from sources that Basic Capital believes are reliable, but we make no representations or warranties as to the accuracy of such information and accept no liability therefore.

Private placement investments are not bank deposits (and thus not insured by the FDIC or by any other federal governmental agency), are not guaranteed by Basic Capital or any other party, and MAY lose value. Neither the Securities and Exchange Commission nor any federal or state securities commission or regulatory authority has recommended or approved any investment or the accuracy or completeness of any of the information or materials provided by or through the website. Investors must be able to afford the loss of their entire investment.

In-app investment advisory services are provided by Basic Capital Advisors LLC ("Basic Capital Advisors"), an SEC registered investment adviser, and a wholly owned subsidiary of Basic Capital Group Inc, a Section C Delaware Corporation.In-app brokerage and custody services are provided by Apex Fintech Solutions LLC, member FINRA/SIPC. IRA plans are provided by Apex Custody Solutions and opened via the Basic Capital application.

Basic Capital is not a bank. Certain services are offered through Plaid, Fragment, Apex and Footprint and none of such entities is affiliated with Basic Capital. By using the services offered by any of these entities you acknowledge and accept their respective disclosures and agreements, as applicable.

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Articles or information from third-party media outside of this domain may discuss Basic Capital or relate to information contained herein, but Basic Capital does not approve and is not responsible for such content.

Investments in private placements are speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest.Investing in private placements requires long-term commitments, and the ability to afford to lose the entire investment.

Investment advisory services are only provided to clients of Basic Capital Advisors, LLC, an investment advisor registered with the Securities and Exchange Commission, pursuant to a written advisory agreement.

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© 2024 Basic Capital. All rights reserved.

No communication by Basic Capital Group Inc. ("BCG"), or any of its affiliates (collectively, "Basic Capital"), through this website or any other medium, should be construed or is intended to be a recommendation to purchase, sell or hold any security or otherwise to be investment, tax, financial, accounting, legal, regulatory or compliance advice, except for specific investment advice that may be provided by Basic Capital Advisors, LLC pursuant to a written advisory agreement between such entity and the recipient.

The accounts, strategies and/or investments discussed in this material may not be suitable for all investors. The appropriateness of a particular account or investment strategy will depend on an investor’s individual circumstances and objectives. Investors should carefully consider their investment objectives and risks, as well as charges and expenses of Basic Capital before investing. Basic Capital investments should only be part of your overall investment portfolio.

This website provides preliminary and general information about the Securities and is intended for initial reference purposes only. It does not summarize or compile all the applicable information. This website does not constitute an offer to sell or buy any securities. No offer or sale of any Securities will occur without the delivery of confidential offering materials and related documents. This information contained herein is qualified by and subject to more detailed information in the applicable offering materials.

Basic Capital Group Inc, is the direct owner of Basic Capital Markets LLC. Basic Capital Markets LLC has not yet been approved as a member of FINRA/SIPC.

Basic Capital Advisors LLC’s internet-based advisory and administrative services are designed to assist clients in achieving customer defined financial goals. They are not intended to provide comprehensive tax advice or provide comprehensive financial planning with respect to all aspects of your financial situation, nor do they account for specific investments held outside our platform. Investing in securities carries inherent risks, including the possibility of losing money. While asset allocation and diversification aim to manage risk, they do not ensure profits or protect against losses, and past performance does not guarantee future outcomes.

Any financial projections or returns shown on the website are estimated predictions of performance only, are hypothetical, are not based on actual investment results and are not guarantees of future results. Estimated projections do not represent or guarantee the actual results of any transaction, and no representation is made that any transaction will, or is likely to, achieve results or profits similar to those shown. In addition, other financial metrics and calculations shown on the website (including amounts of principal and interest repaid) have not been independently verified or audited and may differ from the actual financial metrics and calculations for any investment, which are contained in the investors’ portfolios. Any investment information contained herein has been secured from sources that Basic Capital believes are reliable, but we make no representations or warranties as to the accuracy of such information and accept no liability therefore.

Private placement investments are not bank deposits (and thus not insured by the FDIC or by any other federal governmental agency), are not guaranteed by Basic Capital or any other party, and MAY lose value. Neither the Securities and Exchange Commission nor any federal or state securities commission or regulatory authority has recommended or approved any investment or the accuracy or completeness of any of the information or materials provided by or through the website. Investors must be able to afford the loss of their entire investment.

In-app investment advisory services are provided by Basic Capital Advisors LLC ("Basic Capital Advisors"), an SEC registered investment adviser, and a wholly owned subsidiary of Basic Capital Group Inc, a Section C Delaware Corporation.In-app brokerage and custody services are provided by Apex Fintech Solutions LLC, member FINRA/SIPC. IRA plans are provided by Apex Custody Solutions and opened via the Basic Capital application.

Basic Capital is not a bank. Certain services are offered through Plaid, Fragment, Apex and Footprint and none of such entities is affiliated with Basic Capital. By using the services offered by any of these entities you acknowledge and accept their respective disclosures and agreements, as applicable.

Basic Capital, 137 Grand Street, 4th Floor, New York, NY 10013. 855-800-8322

Articles or information from third-party media outside of this domain may discuss Basic Capital or relate to information contained herein, but Basic Capital does not approve and is not responsible for such content.

Investments in private placements are speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest.Investing in private placements requires long-term commitments, and the ability to afford to lose the entire investment.

Investment advisory services are only provided to clients of Basic Capital Advisors, LLC, an investment advisor registered with the Securities and Exchange Commission, pursuant to a written advisory agreement.

Our site uses a third party service to match browser cookies to your mailing address. We then use another company to send special offers through the mail on our behalf.

© 2024 Basic Capital. All rights reserved.

No communication by Basic Capital Group Inc. ("BCG"), or any of its affiliates (collectively, "Basic Capital"), through this website or any other medium, should be construed or is intended to be a recommendation to purchase, sell or hold any security or otherwise to be investment, tax, financial, accounting, legal, regulatory or compliance advice, except for specific investment advice that may be provided by Basic Capital Advisors, LLC pursuant to a written advisory agreement between such entity and the recipient.

The accounts, strategies and/or investments discussed in this material may not be suitable for all investors. The appropriateness of a particular account or investment strategy will depend on an investor’s individual circumstances and objectives. Investors should carefully consider their investment objectives and risks, as well as charges and expenses of Basic Capital before investing. Basic Capital investments should only be part of your overall investment portfolio.

This website provides preliminary and general information about the Securities and is intended for initial reference purposes only. It does not summarize or compile all the applicable information. This website does not constitute an offer to sell or buy any securities. No offer or sale of any Securities will occur without the delivery of confidential offering materials and related documents. This information contained herein is qualified by and subject to more detailed information in the applicable offering materials.

Basic Capital Group Inc, is the direct owner of Basic Capital Markets LLC. Basic Capital Markets LLC has not yet been approved as a member of FINRA/SIPC.

Basic Capital Advisors LLC’s internet-based advisory and administrative services are designed to assist clients in achieving customer defined financial goals. They are not intended to provide comprehensive tax advice or provide comprehensive financial planning with respect to all aspects of your financial situation, nor do they account for specific investments held outside our platform. Investing in securities carries inherent risks, including the possibility of losing money. While asset allocation and diversification aim to manage risk, they do not ensure profits or protect against losses, and past performance does not guarantee future outcomes.

Any financial projections or returns shown on the website are estimated predictions of performance only, are hypothetical, are not based on actual investment results and are not guarantees of future results. Estimated projections do not represent or guarantee the actual results of any transaction, and no representation is made that any transaction will, or is likely to, achieve results or profits similar to those shown. In addition, other financial metrics and calculations shown on the website (including amounts of principal and interest repaid) have not been independently verified or audited and may differ from the actual financial metrics and calculations for any investment, which are contained in the investors’ portfolios. Any investment information contained herein has been secured from sources that Basic Capital believes are reliable, but we make no representations or warranties as to the accuracy of such information and accept no liability therefore.

Private placement investments are not bank deposits (and thus not insured by the FDIC or by any other federal governmental agency), are not guaranteed by Basic Capital or any other party, and MAY lose value. Neither the Securities and Exchange Commission nor any federal or state securities commission or regulatory authority has recommended or approved any investment or the accuracy or completeness of any of the information or materials provided by or through the website. Investors must be able to afford the loss of their entire investment.

In-app investment advisory services are provided by Basic Capital Advisors LLC ("Basic Capital Advisors"), an SEC registered investment adviser, and a wholly owned subsidiary of Basic Capital Group Inc, a Section C Delaware Corporation.In-app brokerage and custody services are provided by Apex Fintech Solutions LLC, member FINRA/SIPC. IRA plans are provided by Apex Custody Solutions and opened via the Basic Capital application.

Basic Capital is not a bank. Certain services are offered through Plaid, Fragment, Apex and Footprint and none of such entities is affiliated with Basic Capital. By using the services offered by any of these entities you acknowledge and accept their respective disclosures and agreements, as applicable.

Basic Capital, 137 Grand Street, 4th Floor, New York, NY 10013. 855-800-8322

Articles or information from third-party media outside of this domain may discuss Basic Capital or relate to information contained herein, but Basic Capital does not approve and is not responsible for such content.

Investments in private placements are speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest.Investing in private placements requires long-term commitments, and the ability to afford to lose the entire investment.

Investment advisory services are only provided to clients of Basic Capital Advisors, LLC, an investment advisor registered with the Securities and Exchange Commission, pursuant to a written advisory agreement.

Our site uses a third party service to match browser cookies to your mailing address. We then use another company to send special offers through the mail on our behalf.

© 2024 Basic Capital. All rights reserved.