Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › BNSF Railway
BNSF Railway 401(k)
- Transportation and warehousing
- Fort Worth, TX
- EIN 41-6034000
- 1 plan with Schedule H financials
- Plan year 2024
- BNSF Railway Company
- SEC registrant BNSF Railway Co
Administrative expenses excluding investment management, per participant · BNSF Railway Company Non-salaried Employees 401(k) Retirement Plan · plan year 2024
$1.19
Higher than 1% of the 1,045 plans over $1B that report it.
Source
= $37,500 / 31,563
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013105410NAL0002497570001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013105410NAL0002497570001, received 2025-10-13
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-13.
Cost and contributions
Administrative expenses per participant
$1.19
Higher than 1% of the 1,076 plans over $1B that report it.
Source
= $37,500 / 31,563
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013105410NAL0002497570001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013105410NAL0002497570001, received 2025-10-13
Administrative expenses as a share of assets
0.001%
Higher than 1% of the 1,076 plans over $1B that report it.
Source
= $37,500 / $4,785,855,978
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013105410NAL0002497570001, received 2025-10-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013105410NAL0002497570001, received 2025-10-13
Employer contributions per participant
$396
Higher than 1% of the 1,135 plans over $1B that report it.
Source
= $12,485,759 / 31,563
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013105410NAL0002497570001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013105410NAL0002497570001, received 2025-10-13
Employer share of total contributions
4.0%
Higher than 1% of the 1,135 plans over $1B that report it.
Source
= $12,485,759 / $313,928,974
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013105410NAL0002497570001, received 2025-10-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013105410NAL0002497570001, received 2025-10-13
97.0% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $0 ($1.19 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
Plan terms, as stated in BNSF Railway Company's SEC filings
Plan terms are described in BNSF Railway Company's SEC filings: Form 11-K filed 2012-06-26 and Form 10-K filed 2018-02-26. No term could be quoted from them with the required precision.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2I · 2J 401(k) feature · 2K 401(m) arrangement · 2O ESOP-related feature · 2T default investment (QDIA) · 3F · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251013105410NAL0002497570001, received 2025-10-13
Full record, BNSF Railway Company Non-salaried Employees 401(k) Retirement Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | BNSF RAILWAY COMPANY | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Plan name | BNSF RAILWAY COMPANY NON-SALARIED EMPLOYEES 401(K) RETIREMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Sponsor EIN / plan number | 41-6034000 / 006 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Sponsor location | FORT WORTH, TX | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Industry (business code) | 482110, Transportation and warehousing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Filing received | 2025-10-13 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Participants, beginning of year | 32,807 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Active participants | 27,379 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Participants, end of year | 33,118 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Participants with an account balance | 31,563 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Total assets, beginning of year | $4,137,377,113 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Total assets, end of year | $4,785,855,978 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Net assets, end of year | $4,785,855,978 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Total income | $957,440,232 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Net income | $643,336,724 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Employer contributions | $12,485,759 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Participant contributions | $202,389,892 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Other contributions (incl. rollovers) | $99,053,323 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Total contributions | $313,928,974 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Benefit payments | $312,363,373 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Total expenses (incl. benefit payments) | $314,103,508 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Total administrative expenses | $37,500 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Administrative expenses excluding investment management | $37,500 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Held in master trusts | $4,644,660,800 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251013105410NAL0002497570001, received 2025-10-13 |
| Independent auditor | WHITLEY PENN LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251013105410NAL0002497570001, received 2025-10-13 |
Position = column in the DOL layout for form year 2024. Filing 20251013105410NAL0002497570001, received 2025-10-13.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC.recordkeeper | NONE | 15 Recordkeeping and information management; 25 Trustee (directed); 37 Participant loan processing; 52 Investment management fees paid indirectly by plan | $294,050 | no |
| QDRO CONSULTANTS COMPANY | NONE | 16 Consulting (general) | $37,500 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251013105410NAL0002497570001, received 2025-10-13.
Master trust
BNSF 401K PLANS MASTER TRUST (EIN 271754839, PN 003): plan interest $4,644,660,800, 64.9% of the trust. The trust's own filing (20251013105804NAL0000514467001, received 2025-10-13) reports net assets $7,158,650,496, administrative expenses $0, recordkeeping fees not reported, investment management fees not reported and 0 Schedule C providers.
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $4,137,377,113 | $4,785,855,978 | 15.7% |
| Participants with a balance | 30,739 | 31,563 | 2.7% |
| Administrative expenses | $65,580 | $37,500 | -42.8% |
| Recordkeeping fees per participant | $1.49 | not reported | |
| Employer contributions | $11,662,033 | $12,485,759 | 7.1% |
Prior filing 20241010093525NAL0009861923001, received 2024-10-10; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: BNSF RAILWAY COMPANY; SEC registrant: BNSF RAILWAY CO (CIK 15511, matched by EIN).