Plan Ledger DOL Form 5500 · updated monthly

Trac Intermodal401(k)

TRAC INTERMODAL RETIREMENT SAVINGS PLAN · PRINCETON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Trac Intermodal reported $161,038 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $3,956 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 0.27% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 390th-largest of 2,419 plans among New Jersey employers on file, and the 134th of 2,096 in real estate & leasing. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has shrunk from 670 to 526 since 2022.

Plan summary
Net assets, end of year$95,341,682
Participants with balances689
Active participants526
Employer contributions$2,080,978
Employee contributions$3,724,480
Employer contribution per active participant$3,956
Average account balance$138,377
Benefits paid to participants$8,185,987
Plan auditUnmodified (clean) audit opinion
AuditorMERCADIEN
Plan history3
Yearassets · accounts · employer contribution
2024$95.3M · 689 accts · $2.1M emplr
2023$85.4M · 758 accts · $2.2M emplr
2022$71.2M · 835 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,045
Audit (IQPA)$20,000
Total administrative$161,038
The Trac Intermodal 401(k) match · 2024
Employer contribution per active participant$3,956
Median for plans this size$3,635
2024$3,956 per active participant
2023$3,818 per active participant
2022$2,525 per active participant

Trac Intermodal's 2024 employer contribution ran above the $3,635 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 · 20243
T ROWE PRICE RPS INC · Recordkeeping · Trustee$78,045
MMA SECURITIES · Consulting$62,500
MERCADIEN PC CPA · Accounting / audit$20,000

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$161,038 · 0.18%
2023$208,394 · 0.27%
2022$222,909 · 0.27%
Same employer
Similar plansReal Estate & Leasing · New Jersey
Weichert Co. NJ$231.1M · 0.10%
The Connell Company NJ$129.8M · 0.01%
The Hartz Group, Inc. NJ$103.4M · 0.22%
Veris Residential, Inc. NJ$58.5M · 0.13%
Edison Properties, LLC NJ$58.3M · 0.12%
M. Management, Inc. NJ$51.6M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133467669 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.