Plan Ledger DOL Form 5500 · updated monthly

Rail Management Services, LLCProfit-sharing plan

RAIL GROUP 401(K) & PROFIT SHARING PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Rail Management Services, LLC reported $23,466 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $774 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 0.10% to 0.07%. 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 450th-largest of 1,714 plans among Washington employers on file, and the 482nd of 2,677 in transportation & warehousing. In 2024, the employer put in $1.82 for every $1.00 employees contributed themselves; active participation has grown from 1,426 to 1,984 since 2022.

Plan summary
Net assets, end of year$36,400,902
Participants with balances394
Active participants1,984
Employer contributions$1,536,331
Employee contributions$844,104
Employer contribution per active participant$774
Average account balance$92,388
Benefits paid to participants$3,227,390
Plan auditUnmodified (clean) audit opinion
AuditorVWC, P.S.
Plan history3
Yearassets · accounts · employer contribution
2024$36.4M · 394 accts · $1.5M emplr
2023$32.8M · 393 accts · $1.5M emplr
2022$29.9M · 394 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,448
Investment management$3,018
Total administrative$23,466
Employer contributions to the Rail Management Services, LLC plan · 2024
Employer contribution per active participant$774
Median for plans this size$2,416
2024$774 per active participant
2023$1,076 per active participant
2022$949 per active participant

Rail Management Services, LLC'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
KESTRA ADVISORY SERVICES · Consulting · Investment advisory (plan)$3,018

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$23,466 · 0.07%
2023$29,409 · 0.09%
2022$32,312 · 0.10%
Similar plansTransportation & Warehousing · Washington
Radiant Logistics, Inc. WA$54.4M · 0.08%
Gordon Truck Centers, Inc. WA$47.3M · 0.16%
Peninsula Truck Lines, Inc. WA$46.9M · 0.34%
Western Towboat Company WA$44.1M · 0.19%
Convoy, Inc. WA$34.8M · 0.24%
Transgroup Express, LLC WA$28.3M · 0.53%
Flexe, Inc. WA$23.9M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911738173 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.