401k Record

Employers › FreightCar America

FreightCar America 401(k)

Recordkeeping fees per participant · Freightcar America, Inc. Savings Plan · plan year 2024

$11.12

Higher than 11% of the 14,075 plans $10 to 50M that report it.

Source

= $3,426 / 308
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015162706NAL0002630387002, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015162706NAL0002630387002, received 2025-10-15

10th: $10.53median $83.9490th: $217.08

Percentiles compare this plan with the Schedule H plans $10 to 50M 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 2025-10-15.

Cost and contributions

Administrative expenses excluding investment management, per participant

$11.12

10th: $15.36median $118.8890th: $340.63

Higher than 7% of the 24,371 plans $10 to 50M that report it.

Source

= $3,426 / 308
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015162706NAL0002630387002, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015162706NAL0002630387002, received 2025-10-15

Administrative expenses per participant

$142.47

10th: $26.86median $197.2590th: $456.10

Higher than 37% of the 25,098 plans $10 to 50M that report it.

Source

= $43,882 / 308
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015162706NAL0002630387002, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015162706NAL0002630387002, received 2025-10-15

Administrative expenses as a share of assets

0.195%

10th: 0.035%median 0.289%90th: 0.599%

Higher than 34% of the 25,132 plans $10 to 50M that report it.

Source

= $43,882 / $22,487,732
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015162706NAL0002630387002, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015162706NAL0002630387002, received 2025-10-15

Employer contributions per participant

$1,218

10th: $664median $2,07490th: $4,751

Higher than 24% of the 24,050 plans $10 to 50M that report it.

Source

= $375,285 / 308
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015162706NAL0002630387002, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015162706NAL0002630387002, received 2025-10-15

Employer share of total contributions

25.8%

10th: 13.1%median 27.9%90th: 45.2%

Higher than 43% of the 24,084 plans $10 to 50M that report it.

Source

= $375,285 / $1,457,009
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015162706NAL0002630387002, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015162706NAL0002630387002, received 2025-10-15

Plan terms, as stated in FreightCar America, Inc.'s SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 2S pre-approved plan document · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015162706NAL0002630387002, received 2025-10-15

Full record, Freightcar America, Inc. Savings Plan

FieldValueSource
Plan sponsorFREIGHTCAR AMERICA, INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015162706NAL0002630387002, received 2025-10-15
Plan nameFREIGHTCAR AMERICA, INC. SAVINGS PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251015162706NAL0002630387002, received 2025-10-15
Sponsor EIN / plan number25-1837219 / 009Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015162706NAL0002630387002, received 2025-10-15
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015162706NAL0002630387002, received 2025-10-15
Sponsor locationCHICAGO, ILForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015162706NAL0002630387002, received 2025-10-15
Industry (business code)336990, ManufacturingForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015162706NAL0002630387002, received 2025-10-15
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015162706NAL0002630387002, received 2025-10-15
Filing received2025-10-15Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015162706NAL0002630387002, received 2025-10-15
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015162706NAL0002630387002, received 2025-10-15
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251015162706NAL0002630387002, received 2025-10-15
Participants, beginning of year347Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015162706NAL0002630387002, received 2025-10-15
Active participants63Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015162706NAL0002630387002, received 2025-10-15
Participants, end of year315Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015162706NAL0002630387002, received 2025-10-15
Participants with an account balance308Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015162706NAL0002630387002, received 2025-10-15
Total assets, beginning of year$20,973,834Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015162706NAL0002630387002, received 2025-10-15
Total assets, end of year$22,487,732Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015162706NAL0002630387002, received 2025-10-15
Net assets, end of year$22,487,732Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015162706NAL0002630387002, received 2025-10-15
Total income$4,044,955Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015162706NAL0002630387002, received 2025-10-15
Net income$1,513,898Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015162706NAL0002630387002, received 2025-10-15
Employer contributions$375,285Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015162706NAL0002630387002, received 2025-10-15
Participant contributions$778,037Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015162706NAL0002630387002, received 2025-10-15
Other contributions (incl. rollovers)$303,687Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015162706NAL0002630387002, received 2025-10-15
Total contributions$1,457,009Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015162706NAL0002630387002, received 2025-10-15
Benefit payments$2,487,175Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015162706NAL0002630387002, received 2025-10-15
Total expenses (incl. benefit payments)$2,531,057Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015162706NAL0002630387002, received 2025-10-15
Total administrative expenses$43,882Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015162706NAL0002630387002, received 2025-10-15
Recordkeeping fees$3,426Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015162706NAL0002630387002, received 2025-10-15
Investment advisory and management fees$40,456Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015162706NAL0002630387002, received 2025-10-15
Administrative expenses excluding investment management$3,426derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015162706NAL0002630387002, received 2025-10-15
Held in common/collective trusts$3,886,851Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015162706NAL0002630387002, received 2025-10-15
Held in mutual funds$18,555,308Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015162706NAL0002630387002, received 2025-10-15
Independent auditorRSM US LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015162706NAL0002630387002, received 2025-10-15

Position = column in the DOL layout for form year 2024. Filing 20251015162706NAL0002630387002, received 2025-10-15.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
GALLAGHER BENEFIT SERVICES INCNONE 28 Investment management; 50 Direct payment from the plan $39,525no
CHARLES SCHWAB TRUST BANKNONE 25 Trustee (directed); 52 Investment management fees paid indirectly by plan; 59 Shareholder servicing fees; 62 Float revenue $0yes
CHARLES SCHWAB & CO., INC.NONE 59 Shareholder servicing fees $0yes

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 20251015162706NAL0002630387002, received 2025-10-15.

What changed since the 2023 plan year

Figure20232024Change
Total assets$20,973,834$22,487,7327.2%
Participants with a balance345308-10.7%
Administrative expenses$29,641$43,88248.0%
Recordkeeping fees per participant$7.10$11.1256.7%
Employer contributions$300,801$375,28524.8%

Prior filing 20241015141312NAL0029932801001, received 2024-10-15; the plan years are contiguous.

Alerts, claims and corrections

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Sponsor name as filed: FREIGHTCAR AMERICA, INC.; SEC registrant: FreightCar America, Inc. (CIK 1311810, matched by EIN).