Plan Ledger DOL Form 5500 · updated monthly

The Indiana Rail Road Company401(k)

INDIANA RAIL ROAD COMPANY 401(K) PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

The Indiana Rail Road Company reported $86,560 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,436 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 rose from 0.49% to 0.59%. 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 716th-largest of 1,562 plans among Indiana employers on file, and the 904th of 2,677 in transportation & warehousing. In 2024, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,944,042
Participants with balances142
Active participants119
Employer contributions$408,825
Employee contributions$729,787
Employer contribution per active participant$3,436
Average account balance$105,240
Benefits paid to participants$2,535,043
Plan auditUnmodified (clean) audit opinion
AuditorBARNES, DENNING & COMPANY, LTD
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 142 accts · $409K emplr
2023$14.4M · 136 accts · $403K emplr
2022$12.3M · 141 accts · $373K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,560
Total administrative$86,560
The The Indiana Rail Road Company 401(k) match · 2024
Employer contribution per active participant$3,436
Median for plans this size$2,416
2024$3,436 per active participant
2023$3,531 per active participant
2022$3,087 per active participant

The Indiana Rail Road Company'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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$38,661
CAPFINANCIAL PARTNERS, LLC · Accounting / audit$47,898

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$86,560 · 0.59%
2023$60,733 · 0.45%
2022$69,781 · 0.49%
Same employer
Similar plansTransportation & Warehousing · Indiana
Al Warren Oil Company IN$22.3M · 0.58%
Fitzmark, LLC IN$16.5M · 1.36%
Sodrel Truck Lines, Inc. IN$16.5M · 0.07%
Spot Freight Inc IN$14.9M · 0.51%
Al Warren Oil Company IN$14.9M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351673889 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.