Plan Ledger DOL Form 5500 · updated monthly

Cathcart Rail, LLC401(k)

CATHCART RAIL, LLC 401(K) PROFIT SHARING PLAN · COLUMBUS, OH · plan year 2023

Reported admin expense ratio · 2023
1.00%

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

Cathcart Rail, LLC reported $162,811 in plan administrative expenses for 2023: 1.00% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,080 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,455th-largest of 3,295 plans among Ohio employers on file, and the 817th of 2,677 in transportation & warehousing. In 2023, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,655,477
Participants with balances1,004
Active participants834
Employer contributions$900,434
Employee contributions$2,052,236
Employer contribution per active participant$1,080
Average account balance$17,585
Benefits paid to participants$2,939,563
Plan auditUnmodified (clean) audit opinion
AuditorGRAY, GRIFFITH & MAYS, A.C.
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$113,767
Investment management$49,044
Total administrative$162,811
The Cathcart Rail, LLC 401(k) match · 2023
Employer contribution per active participant$1,080
Median for plans this size$2,440

Cathcart Rail, LLC's 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
JOHN HANCOCK · Recordkeeping$31,039
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (participants)$33,249
THE HUNTINGTON NATIONAL BANK · Investment advisory (participants)$15,794

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2023$162,811 · 1.00%
Same employer
Similar plansTransportation & Warehousing · Ohio
The Anderson-Dubose Company OH$23.3M · 0.41%
We Transport, Inc. OH$21.6M · 0.52%
Cathcart Rail Holdco, LLC OH$18.6M · 0.92%
Cheeseman LLC OH$17.1M · 0.05%
Encore Technologies OH$15.2M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833581368 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.