Plan Ledger DOL Form 5500 · updated monthly

Gatx Corporation401(k)

GATX CORPORATION SALARIED EMPLOYEES RETIREMENT SAVINGS PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Gatx Corporation reported $6,288 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,995 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 5 years on file its reported administrative ratio fell from 0.004% to 0.003%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other management of companies employers. By assets it is the 288th-largest of 3,702 plans among Illinois employers on file, and the 131st of 786 in management of companies. In 2024, employees put in $2.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$240,350,870
Participants with balances1,017
Active participants685
Employer contributions$3,421,816
Employee contributions$8,255,603
Employer contribution per active participant$4,995
Average account balance$236,333
Benefits paid to participants$21,706,183
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$240.4M · 1,017 accts · $3.4M emplr
2023$213.6M · 1,001 accts · $2.0M emplr
2022$183.3M · 997 accts · $1.8M emplr
2019$197.3M · 1,060 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,288
Total administrative$6,288
The Gatx Corporation 401(k) match · 2024
Employer contribution per active participant$4,995
Median for plans this size$3,635
2024$4,995 per active participant
2023$3,134 per active participant
2022$2,965 per active participant
2019$2,740 per active participant

Gatx Corporation's 2024 employer contribution ran above the $3,635 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.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$6,288

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

Administrative cost history4
2024$6,288 · 0.00%
2023$6,491 · 0.00%
2022$5,863 · 0.00%
2019$7,997 · 0.00%
All plans at this employer2
GATX CORPORATION SALARIED EMPLOYEES RETIREMENT SAVINGS PLAN401(k)
GATX CORPORATION HOURLY EMPLOYEES RETIREMENT SAVINGS PLAN401(k)
Same employer
Similar plansManagement of Companies · Illinois
Curran Group, Inc. IL$238.4M · 0.14%
Pregis LLC IL$185.1M · 0.16%
Instant Brands Holdings Inc. IL$170.5M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 361124040 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.