Plan Ledger DOL Form 5500 · updated monthly

Rail Plan International Inc.401(k)

RAILPLAN INTERNATIONAL EMPLOYEES 401K PLAN · ANNAPOLIS, MD · plan year 2022

Reported admin expense ratio · 2022
0.03%

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

Rail Plan International Inc. reported $877 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $947 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Maryland (1,487th of 1,671), and 12,575th of 13,661 in manufacturing. In 2022, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,483,068
Participants with balances68
Active participants85
Employer contributions$80,472
Employee contributions$196,208
Employer contribution per active participant$947
Average account balance$36,516
Benefits paid to participants$242,211
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$348
Investment management$529
Total administrative$877
The Rail Plan International Inc. 401(k) match · 2022
Employer contribution per active participant$947
Median for plans this size$1,114

Rail Plan International Inc.'s 2022 employer contribution ran below the $1,114 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 history1
2022$877 · 0.03%
Similar plansManufacturing · Maryland
Tidewater Direct, LLC MD$2.9M · 0.20%
Bakery de France, Inc. MD$2.9M · 0.35%
Onguard Industries, LLC MD$2.8M · 0.02%
Iron World, LLC MD$2.4M · 0.07%
Nimbus Boats USA LLC MD$1.9M · 0.88%
Hadley Farms, Inc. MD$1.9M · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522153778 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.