Retirement plan

PANDROL USA LP 401(K) SAVINGS PLAN

Name: PANDROL USA, LP - PANDROL USA LP 401(K) SAVINGS PLAN (2023) Form 5500
Creator: PANDROL USA, LP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PANDROL USA LP 401(K) SAVINGS PLAN, PANDROL USA, LP

PANDROL USA, LPEIN 22-3554003Plan #002PY 2023

611 WINCHESTER ROAD - MEMPHIS, TN 38116856-467-3227pandrolusa.comLinkedIn51-200 employeesrailroad manufacture

Other plans on this EIN

1 filing

#001Retirement-$13.0M assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed March 31, 2025

Plan administrator

Plan administrator name— Sign in and upgrade to view

611 Winchester Rd.

Memphis, TN 38116

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

Plans declared (1)

Nonqualified Deferred Compensation Plan1 emp

Open the filing PDF

How to read this page

Total assets (EOY)

$8.8M

-1.8% from 2022

Total participants

274

-4.5% from 2022

Average account balance

$32,351

-3.2% from 2022

Annual return

15.94%

+30.28 pp from 2022

Benchmarks

See 118 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Cohort118 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.01M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

246

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.

61.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$881K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$225

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 2 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.5 years Service code 13 · EIN 27-2037969	Contract Administrator	$34,126
PNC BANK, N.A.1 year Filed as: PNC INSTITUTIONAL ASSET MANAGEMENT Service code 26 · EIN 22-1146430	Advisory (Participants)	$12,255

Plan features & details

Pension benefit codes2E2G2J2T3B3F

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$49K

$493 / participant

Recordkeeping$8K16.3%
Trustee / custodial$2K5.0%
Investment mgmt$12K25.1%
Contract admin$26K53.6%

% of EOY assets

0.557%

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: DOWNEY & COMPANY, LLP
Auditor EIN: 043106302
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,351

$104,607-69.1%

$96,544-66.5%

Participation rate

97.0%

76.2%+20.8pp

76.0%+21.0pp

Annual return

15.94%

9.56%+6.4pp

25.88%-9.9pp

Employer contribution / active EE

$3,287

$2,147+53.1%

$2,966+10.8%

Participant deferral / active EE

$5,524

$4,312+28.1%

$4,851+13.9%

Admin fee / account holder

$180

$45,340-99.6%

$8,254-97.8%

Provider

Service type

Compensation

NEWPORT GROUP, INC.5 years

Service code 13 · EIN 27-2037969

Contract Administrator

$34,126

PNC BANK, N.A.1 year

Filed as: PNC INSTITUTIONAL ASSET MANAGEMENT

Service code 26 · EIN 22-1146430

Advisory (Participants)

$12,255

PANDROL USA LP 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PANDROL USA LP 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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