Plan Ledger DOL Form 5500 · updated monthly

Railside Enterprises, Inc.ESOP

RAILSIDE ENTERPRISES, INC. & AFFILIATES EMPLOYEE STOCK OWNERSHIP PLAN · WEYERS CAVE, VA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Railside Enterprises, Inc. reported $47,910 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $3,156 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 0.271%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 1,069th-largest of 2,266 plans among Virginia employers on file, and 458th of 786 in management of companies.

Plan summary
Net assets, end of year$17,901,223
Participants with balances179
Active participants129
Employer contributions$407,154
Employee contributions—
Employer contribution per active participant$3,156
Average account balance$100,007
Benefits paid to participants$954,867
Plan history3
Yearassets · accounts · employer contribution
2024$17.9M · 179 accts · $407K emplr
2023$17.4M · 167 accts · $372K emplr
2022$17.1M · 156 accts · $367K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,375
Investment management$9,155
Audit (IQPA)$14,500
Total administrative$47,910
Employer contributions to the Railside Enterprises, Inc. plan · 2024
Employer contribution per active participant$3,156
Median for plans this size$2,416
2024$3,156 per active participant
2023$3,130 per active participant
2022$3,083 per active participant

Railside Enterprises, 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 · 20244
BROWN, EDWARDS & COMPANY, L.L.P. · Recordkeeping$14,375
HANTZMON WIEBEL LLP · Accounting / audit$14,500
SHAREHOLDER STRATEGIES, INC. · Valuation$9,773
DAVENPORT & COMPANY LLC · Investment advisory (plan)$9,155

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024BROWN, EDWARDS & COMPANY, L.L.P.
2023BROWN, EDWARDS & COMPANY, L.L.P.

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Administrative cost history3
2024$47,910 · 0.27%
2023$46,976 · 0.27%
2022$45,177 · 0.27%
All plans at this employer2
RAILSIDE ENTERPRISES, INC. & AFFILIATES EMPLOYEE STOCK OWNERSHIP PLANESOP
RAILSIDE ENTERPRISES INC. 401K PROFIT SHARING PLAN401(k)
Similar plansManagement of Companies · Virginia
Tuckahoe Holdings, LLC VA$33.9M · 0.50%
L. M. Sandler & Sons, Inc. VA$30.5M · 0.39%
Blue Ridge Bankshares, Inc. VA$26.9M · 0.45%
Friendship Foundation VA$17.5M · 0.31%
Integrus Holdings, Inc. VA$12.3M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541932595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.