Plan Ledger DOL Form 5500 · updated monthly

RAILROAD19, Inc.401(k)

RAILROAD19, INC. PROFIT SHARING PLAN · SARATOGA SPRINGS, NY · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

RAILROAD19, Inc. reported $13,098 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,879 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 0.13% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,222nd of 5,648), and 7,142nd of 11,654 in professional & technical services. In 2024, employees put in $3.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,849,060
Participants with balances109
Active participants95
Employer contributions$273,530
Employee contributions$1,067,424
Employer contribution per active participant$2,879
Average account balance$117,881
Benefits paid to participants$1,109,811
Plan auditUnmodified (clean) audit opinion
AuditorMENGEL, METZGER, BARR & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 109 accts · $274K emplr
2023$10.9M · 114 accts · $238K emplr
2022$9.0M · 111 accts · $201K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,098
Total administrative$13,098
The RAILROAD19, Inc. 401(k) match · 2024
Employer contribution per active participant$2,879
Median for plans this size$2,416
2024$2,879 per active participant
2023$2,648 per active participant
2022$2,214 per active participant

RAILROAD19, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$13,098

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$13,098 · 0.11%
2023$33,036 · 0.33%
2022$12,227 · 0.13%
Similar plansProfessional & Technical Services · New York
Thoughtbot, Inc. NY$12.9M · 0.21%
Click Therapeutics, Inc. NY$12.9M · 0.11%
Applied Visions, Inc. NY$12.9M · 0.60%
Bernier Carr and Associates NY$12.7M · 0.51%
Bjg Electronics, Inc. NY$12.7M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814039219 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.