Consolidated Rail Corporation 401(k) Review & Grade
Consolidated Rail Corporation Agreement Employees' Savings Plan
Philadelphia, PATransportation & Warehousing766 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$120Employer $ per active participant
$4,171Employee $ saved per active participant
0.16%Direct admin cost, % of plan assets
$54.5MNet plan assets, end of year
$61,835Average balance per account
Score breakdown
- Employer generosity3.8 / 508th percentile for employer $ per participant
- Low cost15.2 / 2561th percentile for low admin cost vs. same-size plans
- Employee saving9.7 / 1565th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score39 / 100 · Grade D
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 8th |
| Lower admin cost | 61th |
| Employee saving | 65th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Consolidated Rail put in about $120 per active participant, below the typical peer ($1,070). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $92,122 |
| Participant (employee) contributions | $3,192,898 |
| Other contributions (incl. rollovers in) | $165,723 |
| Administrative expenses paid from the plan | $83,092 |
| Investment advisory & management fees | $17,600 |
| Other admin expenses | $9,802 |
| Benefits paid out | $3,000,730 |
| Net assets, start / end of year | $47.6M / $54.5M |
| Active participants, start / end of year | 753 / 778 |
| Participants with account balances | 882 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Insero & Co. Cpas, LLP |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $65,492 reported compensation |
| Vanguard Advisers Inc. | $17,600 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015144551NAL0010150450001, received 2025-10-15, EIN 23-1989084, plan #037, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.