Plan Ledger DOL Form 5500 · updated monthly

Grand Trunk Corporation401(k)

CANADIAN NATIONAL RAILWAY COMPANY SAVINGS PLAN FOR U.S. OPERATIONS · HOMEWOOD, IL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Grand Trunk Corporation reported $552,485 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $1,449 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 3 years on file its reported administrative ratio has held roughly steady near 0.075%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 111th-largest of 3,702 plans among Illinois employers on file, and the 55th of 2,677 in transportation & warehousing. In 2024, employees put in $3.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$767,289,871
Participants with balances6,705
Active participants7,289
Employer contributions$10,563,547
Employee contributions$39,072,987
Employer contribution per active participant$1,449
Average account balance$114,435
Benefits paid to participants$64,865,498
Plan auditUnmodified (clean) audit opinion
AuditorKPMG LLP
Plan history3
Yearassets · accounts · employer contribution
2024$767.3M · 6,705 accts · $10.6M emplr
2023$696.6M · 6,459 accts · $10.1M emplr
2022$581.4M · 6,161 accts · $8.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$322,554
Investment management$50,000
Total administrative$552,485
The Grand Trunk Corporation 401(k) match · 2024
Employer contribution per active participant$1,449
Median for plans this size$4,294
2024$1,449 per active participant
2023$1,455 per active participant
2022$1,329 per active participant

Grand Trunk Corporation's 2024 employer contribution ran below the $4,294 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Trustee (directed) · Loan processing$387,554
FELDMAN, INGARDONA · Investment advisory (plan)$50,000
AON INVESTMENTS USA INC. · Investment advisory (plan)$15,000
WEALTH MANAGEMENT SYSTEMS INC · Other servicesindirect comp

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$552,485 · 0.08%
2023$503,703 · 0.08%
2022$492,101 · 0.08%
Similar plansTransportation & Warehousing · Illinois
United Airlines, Inc. IL$16.8B · 0.18%
Reyes Holdings, L.L.C. IL$2.1B · 0.09%
Univar Solutions USA Inc. IL$1.1B · 0.12%
Aar Corp. IL$557.3M · 0.08%
Hub Group, Inc. IL$303.3M · 0.16%
Echo Global Logistics, Inc. IL$199.3M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132673944 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.