Retirement plan

BROTHERHOOD OF LOCOMOTIVE ENGINEERS 401(K) SAVINGS PLAN FOR EMPLOYEES OF CSX TRANSPORTATION INC

Name: BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN, GENERAL - BROTHERHOOD OF LOCOMOTIVE ENGINEERS 401(K) SAVINGS PLAN FOR EMPLOYEES OF CSX TRANSPORTATION INC (2017) Form 5500
Creator: BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN, GENERAL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BROTHERHOOD OF LOCOMOTIVE ENGINEERS 401(K) SAVINGS PLAN FOR EMPLOYEES OF CSX TRANSPORTATION INC, BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN, GENERAL

BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN, GENERALdba ADMINISTRATIVE COMMITTEE OF ADJ.EIN 34-6401908Plan #002PY 2017

151 KINGSTON ROAD - GREENWOOD, SC 29649864-366-2538

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$684.3M

-19.3% from 2016

Total participants

7,457

+3.0% from 2016

Average account balance

$100,531

-20.2% from 2016

Annual return

33.09%

-36.35 pp from 2016

Benchmarks

See 38 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants5,000-9,999

Cohort38 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$903.06M

Not enough data

1 years with asset history on file

Average account balance

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

$169K

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.

5,354

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.

91.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$45.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+3.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$145

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 7 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH3+ years Filed as: MERRILL LYNCH PIERCE FENNER SMITH Service code 15 · EIN 13-5674085 4 WORLD FINANCIAL CENTER · NEW YORK, NY 10281	Recordkeeping	$1,008,763
HODGSON RUSS LLP3+ years Filed as: HODGSON RUSS Service code 29 · EIN 16-0708550 140 PEARL STREET · BUFFALO, NY 14202	Legal	$99,919
TED MARTY & ASSOCIATES3+ years Service code 22 · EIN 31-0598816 1248 SPRINGFIELD PIKE · CINCINNATI, OH 45215	Insurance Broker	$27,471
DAVID R PAULUS CPA, PLLC2 years Service code 10 · EIN 81-4652606 49 BUFFALO STREET · HAMBURG, NY 14075	Accounting	$17,300
WHITEFORD, TAYLOR & PRESTON, LLP1 year Filed as: WHITEFORD TAYLOR AND PRESTON Service code 50 · EIN 52-0619214 7 ST PAUL STREET · BALTIMORE, MD 21202	Direct Payment	$8,936
CERIDIAN1 year Service code 50 PO BOX 10989 · NEWARK, NJ 07193	Direct Payment	$1,400
THE TRAVELERS INDEMNITY COMPANY1 year Filed as: TRAVELERS CL REMITTANCE CENTER Service code 22 PO BOX 660317 · DALLAS, TX 75266	Insurance Broker	$1,218

Plan features & details

Pension benefit codes2F2G2J2K2S2T

Plan features

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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$561K

$81 / participant

Other / not subdivided$561K100.0%

% of EOY assets

0.082%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: DAVID R PAULUS CPA, PLLC
Auditor EIN: 814652606
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$100,531

$62,111+61.9%

$71,671+40.3%

$177,276-43.3%

Participation rate

90.6%

69.4%+21.2pp

68.7%+21.9pp

74.8%+15.8pp

Annual return

33.09%

17.83%+15.3pp

20.65%+12.4pp

21.25%+11.8pp

Employer contribution / active EE

$2,901

$2,059+40.9%

$2,460+17.9%

$2,479+17.0%

Participant deferral / active EE

$3,838

$2,943+30.4%

$3,438+11.6%

$3,881-1.1%

Admin fee / account holder

$82

$66+24.0%

$5,558-98.5%

$154-46.5%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH3+ years

Filed as: MERRILL LYNCH PIERCE FENNER SMITH

Service code 15 · EIN 13-5674085

4 WORLD FINANCIAL CENTER · NEW YORK, NY 10281

Recordkeeping

$1,008,763

HODGSON RUSS LLP3+ years

Filed as: HODGSON RUSS

Service code 29 · EIN 16-0708550

140 PEARL STREET · BUFFALO, NY 14202

Legal

$99,919

TED MARTY & ASSOCIATES3+ years

Service code 22 · EIN 31-0598816

1248 SPRINGFIELD PIKE · CINCINNATI, OH 45215

Insurance Broker

$27,471

DAVID R PAULUS CPA, PLLC2 years

Service code 10 · EIN 81-4652606

49 BUFFALO STREET · HAMBURG, NY 14075

Accounting

$17,300

WHITEFORD, TAYLOR & PRESTON, LLP1 year

Filed as: WHITEFORD TAYLOR AND PRESTON

Service code 50 · EIN 52-0619214

7 ST PAUL STREET · BALTIMORE, MD 21202

Direct Payment

$8,936

CERIDIAN1 year

Service code 50

PO BOX 10989 · NEWARK, NJ 07193

Direct Payment

$1,400

THE TRAVELERS INDEMNITY COMPANY1 year

Filed as: TRAVELERS CL REMITTANCE CENTER

Service code 22

PO BOX 660317 · DALLAS, TX 75266

Insurance Broker

$1,218

BROTHERHOOD OF LOCOMOTIVE ENGINEERS 401(K) SAVINGS PLAN FOR EMPLOYEES OF CSX TRANSPORTATION INC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BROTHERHOOD OF LOCOMOTIVE ENGINEERS 401(K) SAVINGS PLAN FOR EMPLOYEES OF CSX TRANSPORTATION INC

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