Plan Ledger DOL Form 5500 · updated monthly

The Belt Railway Company of Chicago401(k)

THE BELT RAILWAY COMPANY OF CHICAGO 401(K) FOR COLLECTIVE BARGAINING EMPLOYEES · BEDFORD PARK, IL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

The Belt Railway Company of Chicago reported $1,525 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $677 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 0.013% to 0.007%. 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 1,638th-largest of 3,702 plans among Illinois employers on file, and the 706th of 2,677 in transportation & warehousing. In 2024, employees put in $6.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,410,860
Participants with balances388
Active participants384
Employer contributions$259,805
Employee contributions$1,804,192
Employer contribution per active participant$677
Average account balance$55,183
Benefits paid to participants$1,867,321
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$21.4M · 388 accts · $260K emplr
2023$19.8M · 375 accts · $264K emplr
2022$17.6M · 372 accts · $219K emplr
The The Belt Railway Company of Chicago 401(k) match · 2024
Employer contribution per active participant$677
Median for plans this size$2,416
2024$677 per active participant
2023$671 per active participant
2022$587 per active participant

The Belt Railway Company of Chicago'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 · 20241

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,525 · 0.01%
2023$2,400 · 0.01%
2022$2,365 · 0.01%
Similar plansTransportation & Warehousing · Illinois
Aar Aircraft Services, Inc. IL$22.7M · 0.14%
Shipbob, Inc. IL$21.8M · 0.99%
Reyes Holdings, L.L.C. IL$21.7M · 1.21%
Fidelitone, LLC IL$19.6M · 0.66%
Mid America Overseas Inc IL$19.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 366000256 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.