Plan Ledger DOL Form 5500 · updated monthly

Inter-Rail Transport, Inc.401(k)

INTER-RAIL TRANSPORT, INC. PROFIT SHARING PLAN & TRUST · CENTREVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Inter-Rail Transport, Inc. reported $59,436 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $469 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 0.53% to 0.49%. 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 among the smaller plans on file in Maryland (844th of 1,671), and the 967th of 2,677 in transportation & warehousing. In 2024, employees put in $3.49 for every $1.00 the employer contributed; active participation has grown from 355 to 639 since 2022.

Plan summary
Net assets, end of year$13,310,491
Participants with balances829
Active participants639
Employer contributions$300,010
Employee contributions$1,045,866
Employer contribution per active participant$469
Average account balance$16,056
Benefits paid to participants$1,439,158
Plan auditUnmodified (clean) audit opinion
AuditorGROSS, MENDELSOHN & ASSOCIATES,P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$13.3M · 829 accts · $300K emplr
2023$11.2M · 725 accts · $300K emplr
2022$8.3M · 546 accts · $250K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,069
Investment management$867
Audit (IQPA)$19,500
Total administrative$59,436
The Inter-Rail Transport, Inc. 401(k) match · 2024
Employer contribution per active participant$469
Median for plans this size$2,416
2024$469 per active participant
2023$529 per active participant
2022$704 per active participant

Inter-Rail Transport, Inc.'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$39,069
GROSS MENDELSOHN · Accounting / audit$19,500

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$59,436 · 0.49%
2023$52,826 · 0.54%
2022$49,016 · 0.53%
Similar plansTransportation & Warehousing · Maryland
H & M Bay, Inc. MD$18.8M · 0.50%
Samuel Shapiro & Co., Inc. MD$17.5M · 0.43%
D. M. Bowman, Inc. MD$16.3M · 0.23%
Dann Marine Towing, L.C. MD$15.6M · 0.04%
John S. Connor, Inc. MD$10.4M · 0.03%
The Terminal Corporation MD$6.9M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581375899 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.