Employers › GATX › plan 002
Recordkeeping fees per participant · GATX Corporation Salaried Employees Retirement Savings Plan · plan year 2024
$6.18
Higher than 6% of the 5,847 plans $50 to 250M that report it.
= $6,288 / 1,017
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251002141508NAL0000929664001, received 2025-10-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002141508NAL0000929664001, received 2025-10-02
Percentiles compare this plan with the Schedule H plans $50 to 250M 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 2025-10-02.
Administrative expenses excluding investment management, per participant
$6.18
Higher than 4% of the 8,758 plans $50 to 250M that report it.
= $6,288 / 1,017
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251002141508NAL0000929664001, received 2025-10-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002141508NAL0000929664001, received 2025-10-02
Administrative expenses per participant
$6.18
Higher than 2% of the 9,042 plans $50 to 250M that report it.
= $6,288 / 1,017
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251002141508NAL0000929664001, received 2025-10-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002141508NAL0000929664001, received 2025-10-02
Administrative expenses as a share of assets
0.003%
Higher than 2% of the 9,049 plans $50 to 250M that report it.
= $6,288 / $240,350,870
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251002141508NAL0000929664001, received 2025-10-02
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251002141508NAL0000929664001, received 2025-10-02
Employer contributions per participant
$3,365
Higher than 61% of the 9,105 plans $50 to 250M that report it.
= $3,421,816 / 1,017
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251002141508NAL0000929664001, received 2025-10-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002141508NAL0000929664001, received 2025-10-02
Employer share of total contributions
26.8%
Higher than 41% of the 9,112 plans $50 to 250M that report it.
= $3,421,816 / $12,758,148
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251002141508NAL0000929664001, received 2025-10-02
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251002141508NAL0000929664001, received 2025-10-02
99.1% 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 $15 ($6.20 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
2K 401(m) arrangement · 2E profit-sharing · 2J 401(k) feature · 2S pre-approved plan document · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251002141508NAL0000929664001, received 2025-10-02
| Field | Value | Source |
|---|---|---|
| Plan sponsor | GATX CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Plan name | GATX CORPORATION SALARIED EMPLOYEES RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Sponsor EIN / plan number | 36-1124040 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Sponsor location | CHICAGO, IL | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Industry (business code) | 551112, Management of companies and enterprises | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Filing received | 2025-10-02 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Amended filing | yes | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Participants, beginning of year | 1,026 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Active participants | 685 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Participants, end of year | 1,056 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Participants with an account balance | 1,017 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Total assets, beginning of year | $213,604,227 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Total assets, end of year | $240,350,870 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Net assets, end of year | $240,350,870 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Total income | $48,305,699 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Net income | $26,578,354 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Employer contributions | $3,421,816 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Participant contributions | $8,255,603 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Other contributions (incl. rollovers) | $1,080,729 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Total contributions | $12,758,148 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Benefit payments | $21,706,183 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Total expenses (incl. benefit payments) | $21,727,345 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Total administrative expenses | $6,288 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Recordkeeping fees | $6,288 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Investment advisory and management fees | $0 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Administrative expenses excluding investment management | $6,288 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Held in master trusts | $238,226,571 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Held in mutual funds | $0 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251002141508NAL0000929664001, received 2025-10-02 |
| Independent auditor | ERNST & YOUNG | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251002141508NAL0000929664001, received 2025-10-02 |
Position = column in the DOL layout for form year 2024. Filing 20251002141508NAL0000929664001, received 2025-10-02.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees | $6,288 | 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 20251002141508NAL0000929664001, received 2025-10-02.
GATX CORPORATION MASTER TRUST (EIN 361124040, PN 005): plan interest $238,226,571, 91.5% of the trust. The trust's own filing (20251001172309NAL0013524321001, received 2025-10-01) reports net assets $260,356,080, administrative expenses $16, recordkeeping fees $0, investment management fees $0 and 1 Schedule C providers.
| Provider (trust level) | Service codes | Paid by the trust | Allocated to this plan |
|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | 60 | $0 | $0 |
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.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $213,604,227 | $240,350,870 | 12.5% |
| Participants with a balance | 1,001 | 1,017 | 1.6% |
| Administrative expenses | $6,491 | $6,288 | -3.1% |
| Recordkeeping fees per participant | $6.48 | $6.18 | -4.7% |
| Employer contributions | $1,971,133 | $3,421,816 | 73.6% |
Prior filing 20241010175418NAL0020649041001, received 2024-10-10; the plan years are contiguous.