Retirement plan

VOESTALPINE RAILWAY SYSTEMS NORTRAK LLC 401(K) RETIREMENT PLAN

Name: VOESTALPINE RAILWAY SYSTEMS NORTRAK LLC - VOESTALPINE RAILWAY SYSTEMS NORTRAK LLC 401(K) RETIREMENT PLAN (2024) Form 5500
Creator: VOESTALPINE RAILWAY SYSTEMS NORTRAK LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VOESTALPINE RAILWAY SYSTEMS NORTRAK LLC 401(K) RETIREMENT PLAN, VOESTALPINE RAILWAY SYSTEMS NORTRAK LLC

VOESTALPINE RAILWAY SYSTEMS NORTRAK LLCEIN 83-0317459Plan #001PY 2024

3930 VALLEY EAST INDUSTRIAL DRIVE - BIRMINGHAM, AL 35217604-273-3030

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$56.2M

+10.4% from 2023

Total participants

1,400

+11.0% from 2023

Average account balance

$42,504

-3.1% from 2023

Annual return

12.60%

-4.33 pp from 2023

Benchmarks

See 2,380 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,380 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$56.23M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

1,323

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.

91.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.10M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$168

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
T ROWE PRICE RPS INC8 years Service code 15 1307 POINT STREET · BALTIMORE, MD 21231	Recordkeeping	$135,524
UBS FINANCIAL SERVICES INC8 years Filed as: UBS Service code 16 1000 HARBOR BLVD · WEHAWKEN, NJ 07086	Consulting	$86,735

Plan features & details

Pension benefit codes2E2G2J2K2S3D3H

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.
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.
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

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$223K

$241 / participant

Recordkeeping$136K60.9%
Other / not subdivided$87K39.1%

% of EOY assets

0.396%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: COKER & COMPANY, LLC
Auditor EIN: 992592798
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,504

$89,093-52.3%

$102,434-58.5%

$77,736-45.3%

Participation rate

91.7%

80.9%+10.7pp

76.5%+15.1pp

70.6%+21.1pp

Annual return

12.60%

25.03%-12.4pp

29.46%-16.9pp

31.26%-18.7pp

Employer contribution / active EE

$1,110

$2,699-58.9%

$3,023-63.3%

$2,728-59.3%

Participant deferral / active EE

$4,417

$5,147-14.2%

$5,055-12.6%

$4,651-5.0%

Admin fee / account holder

$168

$236-28.7%

$9,462-98.2%

$433-61.2%

Provider

Service type

Compensation

T ROWE PRICE RPS INC8 years

Service code 15

1307 POINT STREET · BALTIMORE, MD 21231

Recordkeeping

$135,524

UBS FINANCIAL SERVICES INC8 years

Filed as: UBS

Service code 16

1000 HARBOR BLVD · WEHAWKEN, NJ 07086

Consulting

$86,735

VOESTALPINE RAILWAY SYSTEMS NORTRAK LLC 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VOESTALPINE RAILWAY SYSTEMS NORTRAK LLC 401(K) RETIREMENT PLAN

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