Plan Ledger DOL Form 5500 · updated monthly

Hitachi Rail Sts USA, Inc.401(k)

HITACHI RAIL STS USA, INC. RETIREMENT SAVINGS PLAN · PITTSBURGH, PA · plan year 2022

Reported admin expense ratio · 2022
0.16%

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

Hitachi Rail Sts USA, Inc. reported $356,585 in plan administrative expenses for 2022: 0.16% of average plan assets, above the peer median. Employer contributions averaged $3,923 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 $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other manufacturing employers. By assets it is the 278th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,143rd of 13,661 in manufacturing. In 2022, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$205,088,073
Participants with balances1,403
Active participants1,033
Employer contributions$4,052,395
Employee contributions$7,789,275
Employer contribution per active participant$3,923
Average account balance$146,178
Benefits paid to participants$19,099,157
Plan auditUnmodified (clean) audit opinion
AuditorURISH POPECK & CO., LLC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $1.1M emplr
2022$205.1M · 1,403 accts · $4.1M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$141,831
Investment management$212,353
Total administrative$356,585
The Hitachi Rail Sts USA, Inc. 401(k) match · 2022
Employer contribution per active participant$3,923
Median for plans this size$3,449

Hitachi Rail Sts USA, Inc.'s 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$356,585 · 0.16%
Similar plansManufacturing · Pennsylvania
Braskem America, Inc. PA$230.0M · 0.18%
Koppers Inc. PA$218.9M · 0.07%
Restek Corporation PA$216.2M · 0.06%
Frank Calandra, Inc. PA$196.1M · 0.14%
Packaging Coordinators Inc. PA$188.1M · 0.22%
Arlanxeo USA LLC PA$187.9M · 0.06%
Monroe Energy, LLC PA$186.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251579001 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.