Plan Ledger DOL Form 5500 · updated monthly

Indiana Harbor Belt Railroad Company401(k)

INDIANA HARBOR BELT RAILROAD COMPANY AGREEMENT EMPLOYEES' SAVINGS PLAN · HAMMOND, IN · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Indiana Harbor Belt Railroad Company reported $50,912 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $41 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 0.21% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 448th-largest of 1,562 plans among Indiana employers on file, and the 581st of 2,677 in transportation & warehousing. In 2024, employees put in $126.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,475,206
Participants with balances567
Active participants529
Employer contributions$21,768
Employee contributions$2,757,667
Employer contribution per active participant$41
Average account balance$50,221
Benefits paid to participants$2,213,728
Plan auditUnmodified (clean) audit opinion
AuditorINSERO & CO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$28.5M · 567 accts · $22K emplr
2023$24.3M · 577 accts · $19K emplr
2022$19.6M · 567 accts · $16K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,576
Investment management$10,341
Total administrative$50,912
The Indiana Harbor Belt Railroad Company 401(k) match · 2024
Employer contribution per active participant$41
Median for plans this size$2,416
2024$41 per active participant
2023$35 per active participant
2022$31 per active participant

Indiana Harbor Belt Railroad Company's 2024 employer contribution ran below the $2,416 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$40,571
VANGUARD ADVISERS INC. · Investment advisory (participants)$10,341

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$50,912 · 0.19%
2023$49,869 · 0.23%
2022$44,436 · 0.21%
Similar plansTransportation & Warehousing · Indiana
Bulkmatic Transport Company IN$39.7M · 0.46%
Envista, LLC IN$38.3M · 0.27%
Wheaton van Lines, Inc. IN$35.0M · 0.00%
Carter Express, Inc. IN$27.6M · 0.12%
Protrans International, LLC IN$23.9M · 0.56%
Al Warren Oil Company IN$22.3M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 366001389 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.