Railroad Construction Company, Inc.ESOP
RAILROAD CONSTRUCTION COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN · PATERSON, NJ · plan year 2024
Railroad Construction Company, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $50,933,259 across 147 participant accounts, with employer contributions averaging $19,340 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 567th-largest of 2,419 plans among New Jersey employers on file, and the 1,038th of 5,337 in construction.
Railroad Construction Company, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 223816493 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.