General Committees of Adjustment 401(k) Review & Grade
Brotherhood of Locomotive Engineers and Trainmen Svgs401 for Employees of Norfolk Southern Carriers · d/b/a The Ble and Trainmen
East Springfield, PATransportation & Warehousing3,506 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,068Employer $ per active participant
$8,435Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$576.9MNet plan assets, end of year
$151,732Average balance per account
Score breakdown
- Employer generosity27.9 / 5056th percentile for employer $ per participant
- Low cost12.3 / 2549th percentile for low admin cost vs. same-size plans
- Employee saving12.4 / 1583th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score63 / 100 · Grade B
This plan vs. peers
Peers: Transportation & Warehousing plans with 2,500–9,999 active participants (123 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 56th |
| Lower admin cost | 49th |
| Employee saving | 83th |
| Peers that auto-enroll | 46% |
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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
- General Committees of Adjustment put in about $2,068 per active participant, more than the typical peer ($1,834). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 | $7,249,569 |
| Participant (employee) contributions | $29,567,591 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $690,130 |
| Other admin expenses | $690,130 |
| Benefits paid out | $43,011,962 |
| Net assets, start / end of year | $529.4M / $576.9M |
| Active participants, start / end of year | 3,618 / 3,393 |
| Participants with account balances | 3,802 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Coleman & Co., P.C. |
| Employer stock held by plan | $48,159,687 |
Largest service providers (Schedule C)
| Merrill Lynch, Pierce, Fenner and S | $638,806 reported compensation |
| Bond, Schoeneck & King, PLLC | $49,100 reported compensation |
| Coleman & Co., P.C. | $36,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014143817NAL0004252768001, received 2025-10-14, EIN 16-6008869, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.