CSX CORPORATION 401(K) PLAN · JACKSONVILLE, FL · plan year 2024
Reported admin expense ratio · 2024
0.09%
Peer grade: C· admin costs + employer contributions vs same-size plans · how grading works
Csx Corporation reported $1,329,606 in plan administrative expenses for 2024: 0.09% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,645 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 2 years on file its reported administrative ratio rose from 0.05% to 0.09%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 30th-largest of 3,644 plans among Florida employers on file, and the 25th of 2,677 in transportation & warehousing. In 2024, employees put in $2.10 for every $1.00 the employer contributed.
Plan summary
Net assets, end of year$1,540,416,643
Participants with balances5,519
Active participants3,385
Employer contributions$15,724,463
Employee contributions$33,052,479
Employer contribution per active participant$4,645
Average account balance$279,112
Benefits paid to participants$127,201,354
Plan auditUnmodified (clean) audit opinion
AuditorERNEST AND YOUNG
Plan history3
Yearassets · accounts · employer contribution
2024$1.5B · 5,519 accts · $15.7M emplr
2023$1.5B · 5,713 accts · $14.9M emplr
2022$1.3B · 5,500 accts · $12.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$231,181
Investment management$573,818
Total administrative$1,329,606
The Csx Corporation 401(k) match · 2024
Employer contribution per active participant$4,645
Median for plans this size$5,259
2024$4,645 per active participant
2023$4,467 per active participant
2022$3,750 per active participant
Csx Corporation's 2024 employer contribution ran below the $5,259 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Source: U.S. Department of Labor, Form 5500 series, EIN 621051971 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.