Retirement plan

ALSTOM TRANSPORTATION 401(K) SAVINGS PLAN

Name: ALSTOM TRANSPORT HOLDING US INC. - ALSTOM TRANSPORTATION 401(K) SAVINGS PLAN (2024) Form 5500
Creator: ALSTOM TRANSPORT HOLDING US INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALSTOM TRANSPORTATION 401(K) SAVINGS PLAN, ALSTOM TRANSPORT HOLDING US INC.

ALSTOM TRANSPORT HOLDING US INC.EIN 20-3999346Plan #009PY 2024

1251 WATERFRONT PLACE - PITTSBURGH, PA 15222412-803-8200

Other plans on this EIN

1 filing

#010Retirement-$224.5M assets

Prospect flagsLow returnsFailed to transmit contributionsCorrective distributions

Top hat statement on fileNQDC

Filed June 8, 2015

Plan administrator

Plan administrator name— Sign in and upgrade to view

641 Lexington Avenue, 28th Floor

New York State: NY Zip Code: 10022

Email— Sign in and upgrade to view Phone— Sign in and upgrade to view

Plans declared (2)

Incentive Bonus Deferral Plan15 emp
Retirement Income Restoration Plan23 emp

Total covered: 38 employees

Open the filing PDF

How to read this page

Total assets (EOY)

$666.4M

-1.1% from 2023

Total participants

5,990

-11.0% from 2023

Average account balance

$120,991

+11.2% from 2023

Annual return

10.98%

-4.95 pp from 2023

Benchmarks

See 840 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort840 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$666.42M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$121K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

5,508

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

87.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$62.77M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+10.98%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$111

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 5 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.3+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$246,256
WILLIS TOWERS WATSON US LLC1 year Filed as: TOWERS WATSON INVESTMENT Service code 28 · EIN 53-0181291	Investment Management	$233,776
INSERO & CO. CPAS, LLP3+ years Filed as: INSERO AND CO CPAS LLP Service code 10 · EIN 47-5324570	Accounting	$59,625
WILLIS TOWERS WATSON US LLC2 years Filed as: TOWERS WATSON INVESTMENT SERVICES Service code 28 · EIN 52-1868818	Investment Management	$57,903
VERRILL DANA LLP1 year Service code 29 · EIN 01-0176171	Legal	$14,298

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$612K

$154 / participant

Recordkeeping$213K34.8%
Investment mgmt$205K33.6%
Legal$14K2.3%
Contract admin$119K19.5%
Other / not subdivided$60K9.7%

% of EOY assets

0.092%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BDO USA, P.C .
Auditor EIN: 135381590
Audit fees: $59,625
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$120,991

$110,282+9.7%

$102,423+18.1%

$199,921-39.5%

Participation rate

87.9%

86.3%+1.6pp

76.5%+11.4pp

72.0%+15.8pp

Annual return

10.98%

35.75%-24.8pp

29.42%-18.4pp

34.28%-23.3pp

Employer contribution / active EE

$7,520

$3,603+108.7%

$3,023+148.8%

$3,035+147.7%

Participant deferral / active EE

$8,300

$6,376+30.2%

$5,054+64.2%

$5,089+63.1%

Admin fee / account holder

$111

$122-9.1%

$9,455-98.8%

$269-58.7%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.3+ years

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$246,256

WILLIS TOWERS WATSON US LLC1 year

Filed as: TOWERS WATSON INVESTMENT

Service code 28 · EIN 53-0181291

Investment Management

$233,776

INSERO & CO. CPAS, LLP3+ years

Filed as: INSERO AND CO CPAS LLP

Service code 10 · EIN 47-5324570

Accounting

$59,625

WILLIS TOWERS WATSON US LLC2 years

Filed as: TOWERS WATSON INVESTMENT SERVICES

Service code 28 · EIN 52-1868818

Investment Management

$57,903

VERRILL DANA LLP1 year

Service code 29 · EIN 01-0176171

Legal

$14,298

ALSTOM TRANSPORTATION 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (2)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALSTOM TRANSPORTATION 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (2)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion