Plan Ledger DOL Form 5500 · updated monthly

Kawasaki Rail Car, Inc.401(k)

KAWASAKI RAIL CAR, INC. 401(K) INVESTMENT RETIREMENT PLAN · YONKERS, NY · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Kawasaki Rail Car, Inc. reported $152,216 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,913 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 0.251%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,141st-largest of 5,648 plans among New York employers on file, and the 2,635th of 13,661 in manufacturing. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 361 to 427 since 2022.

Plan summary
Net assets, end of year$64,274,759
Participants with balances382
Active participants427
Employer contributions$1,243,669
Employee contributions$2,313,352
Employer contribution per active participant$2,913
Average account balance$168,259
Benefits paid to participants$5,017,005
Plan auditUnmodified (clean) audit opinion
AuditorWISS & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$64.3M · 382 accts · $1.2M emplr
2023$57.2M · 443 accts · $1.2M emplr
2022$48.3M · 377 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,987
Investment management$120,229
Total administrative$152,216
The Kawasaki Rail Car, Inc. 401(k) match · 2024
Employer contribution per active participant$2,913
Median for plans this size$3,635
2024$2,913 per active participant
2023$3,422 per active participant
2022$3,262 per active participant

Kawasaki Rail Car, Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$120,229
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$31,987

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$152,216 · 0.25%
2023$131,226 · 0.25%
2022$136,959 · 0.25%
Same employer
Similar plansManufacturing · New York
Lidestri Foods, Inc. NY$66.0M · 0.22%
Kind, Inc. NY$63.5M · 0.20%
Millwork Holdings Co., Inc. NY$62.3M · 0.06%
Unither US Corp NY$61.7M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133507137 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.