Plan Ledger DOL Form 5500 · updated monthly

Genesee & Wyoming Inc.401(k)

GENESEE & WYOMING INC. 401(K) SAVINGS PLAN · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Genesee & Wyoming Inc. reported $247,070 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $1,887 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 fell from 0.12% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 376th-largest of 5,648 plans among New York employers on file, and the 130th of 2,677 in transportation & warehousing. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has grown from 3,647 to 4,129 since 2022.

Plan summary
Net assets, end of year$264,178,701
Participants with balances3,677
Active participants4,129
Employer contributions$7,792,463
Employee contributions$16,139,322
Employer contribution per active participant$1,887
Average account balance$71,846
Benefits paid to participants$26,154,719
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$264.2M · 3,677 accts · $7.8M emplr
2023$232.7M · 3,426 accts · $6.7M emplr
2022$196.7M · 2,970 accts · $6.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$247,070
Total administrative$247,070
The Genesee & Wyoming Inc. 401(k) match · 2024
Employer contribution per active participant$1,887
Median for plans this size$3,635
2024$1,887 per active participant
2023$1,763 per active participant
2022$1,773 per active participant

Genesee & Wyoming Inc.'s 2024 employer contribution ran below the $3,635 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 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$247,070

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

Administrative cost history3
2024$247,070 · 0.10%
2023$251,735 · 0.12%
2022$256,705 · 0.12%
Same employer
Similar plansTransportation & Warehousing · New York
Atlas Air, Inc. NY$1.1B · 0.04%
Lufthansa German Airlines NY$353.8M · 0.07%
British Airways PLC NY$232.5M · 0.08%
Tops Markets, LLC NY$183.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060984624 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.