Csx Corporation 401(k) Plan
Csx Corporation · Jacksonville, FL · EIN 621051971 · Plan 003 · Form 5500 for plan year 2024
What CSX put into the plan, per active participant
$4,645
CSX Corporation put $4,645 into this plan for each of its 3,385 active participants in plan year 2024. That is the whole employer side, matching money, profit sharing, non-elective and safe-harbor contributions and reallocated forfeitures together, because the Form 5500 reports them on one line, so it is not the match rate.
CSX put in more per active participant than 81% of plans with 5,000+ participants in transportation and logistics. The middle plan in that group of 124 reported $1,783. Transportation and logistics comes from business code 482110, which CSX Corporation entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
What this figure cannot separate: how much CSX pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: Form 5500 filing for the plan year ended December 31, 2024, received by the DOL October 8, 2025 · DOL EFAST2 ↗
What the plan cost, per participant
$230.19
The plan paid $230.19 per participant in plan-paid administrative expenses in plan year 2024, more expensive than 98% of plans with 5,000+ participants. The middle plan of that size paid $54.84.
Why a plan this big pays less per person before anything else
Bigger plans pay less per head by construction, because the same negotiated bill divides across more people. That is why this ranking sits inside the plan's own size cohort and is never taken across all plans.
Schedule H reports only what came out of plan assets. Fees the sponsor pays directly, and fees taken inside fund expense ratios, never appear here, so this is a floor and not the all-in cost.
401(k) Monitor Score
57 out of 100
Where this plan stands against plans of its size and industry on two amounts its Form 5500 reports: employer money in per active person, and plan-paid cost per person. It reads no match formula, no vesting schedule and no fund lineup, because a Form 5500 states none of them.
- What the employer put in, per active participant: $4,645. Higher than 81% of plans with 5,000+ participants in transportation and logistics.
- What the plan cost, per participant: $230. Cheaper than 2% of plans with 5,000+ participants.
On this page: the match and vesting terms · what to check next · every figure on the filing · fees itemised · the plans this one is ranked against · service providers
The match and vesting terms, from a Form 11-K
The match formula and the vesting schedule are stated in a Form 11-K, which is filed only by employers whose plan holds company stock. A Form 5500 reports neither.
What CSX puts in
Not stated in the filing
Match terms are set by collective-bargaining agreements, so the filing states no single rate for all employees.
Two places state the terms in full: your plan’s Summary Plan Description, which your employer must provide on request, and your recordkeeper’s site, which for this plan is Empower ↗.
What you contribute to collect all of it
Not stated in the filing
The filing does not state the contribution rate that collects the full employer contribution.
Vesting score
100 out of 100
How fast the employer’s money becomes yours. Higher than 48% of the 253 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 100%, 100%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Vesting: Members are 100% vested in their accounts.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
98th percentile
$230.19 per participant in plan-paid administrative cost, more expensive than 98% of plans with 5,000+ participants.
The match, vesting and eligibility terms above are read from the Form 11-K filed by CSX Corporation, whose page states the full formula, the vesting schedule and the sentence behind each one.
What to check next
What to ask about the fees
This plan paid $230.19 per participant out of plan assets, more than 98% of plans with 5,000+ participants, where the middle plan paid $54.84. The filing does not say what the difference buys. Two questions put that to a benefits or HR team: what the recordkeeping and administration contract costs, and how much of it comes out of participant accounts rather than being paid by CSX. The lines this total is made of are further down.
Your own numbers are not on this page
Every figure here is the whole plan for plan year 2024, taken from one filing and divided by headcounts. Your own contribution rate, your balance and the fees taken from your account are on your recordkeeper’s site, which this filing names as Empower ↗. What you may put in during a year is set by the IRS and not by the plan: this year’s limits ↗.
Key figures
| Total plan assets, end of year | $1,540,902,143 |
|---|---|
| Net assets | $1,540,416,643 |
| Participants, beginning of year | 5,776 |
| Of which active | 3,385 |
| Plan type | Single employer |
| Size cohortThe peer group we rank fees against. | 5,000+ participants |
| Employer share of the money that went in, plan year 2024The rest came from employees, who put in $33,052,479. The share falls when employees save more, so a plan whose staff contribute heavily reads lower here through no act of the employer. It is printed as a fact and it is not part of the score. | 32% |
Plan-paid administrative expenses
The plan paid $1,329,606 in administrative expenses in plan year 2024, across 5,776 participants: $230.19 per participant.
| Contract administrator fees | $0 |
|---|---|
| Professional fees | not reported in filing |
| Investment management fees | $573,818 |
| Other administrative fees | $524,607 |
These are plan-paid expenses from Schedule H only. Fees the sponsor pays directly, and fees embedded in fund expense ratios, never appear here. This figure is a floor, not the all-in cost, and a low number is not “free”.
The plans this one is ranked against
Fees on this page are ranked against the 5,000+ participant cohort, where the median plan pays $54.84 per participant. The sponsor files from Florida, one of 2,637 plans on file there, at a median of $112.18 per participant. Its business code places the plan in transportation and logistics, one of 1,926 on file, which run to a median of $95.71.
Plans of a similar size in Florida
| Plan | Participants | Cost per participant |
|---|---|---|
| Nascar Employee 401 (K) Savings PlanNational Association For Stock Car Auto Racing, LLC | 5,941 | $38.28 |
| Tallahassee Memorial Healthcare 403(b) Retirement Savings PlanTallahassee Memorial Healthcare, Inc. | 5,789 | $36.76 |
| Fourth Retirement Savings PlanChoice Employer Solutions, Inc. | 5,642 | $39.99 |
| Holiday Inn Club Vacations Incorporated Retirement PlanHoliday Inn Club Vacations Incorporated | 5,621 | $56.61 |
Service providers (Schedule C)
Recordkeeper: Empower (as filed: “EMPOWER ANNUITY INSURANCE COMPANY”)
7,876 plans on file name Empower as their recordkeeper, at a median of $165.69 per participant.
| Provider | Service codes | Direct comp. ($) | Indirect comp. ($) |
|---|---|---|---|
| Empower Advisory Group, LLC | 50, 26 | 573,818 | not reported |
| Northern Trust Company | 71, 33, 21, 19 | 287,056 | not reported |
| Loomis Sayles & Company | 52, 27 | 0 | 284,749 |
| Empower Annuity Insurance Company | 50, 37, 64, 15 | 231,181 | 0 |
| Dodge & Cox | 52, 27 | 0 | 193,080 |
| Morgan Stanley Investmement Managem | 52, 27 | 0 | 183,462 |
| Wellington Management Co. LLP | 50, 27 | 0 | 133,877 |
| Holland & Knight | 52, 27 | 0 | 66,671 |
| Ernst & Young | 50, 10 | 62,730 | not reported |
| Jones Day Reavis & Pogue | 52, 27 | 0 | 17,200 |
| Qdro Consultants Company, LLC | 16 | 5,500 | not reported |
Useful links
- Find a 401(k) you left at an old job ↗
The DOL's Retirement Savings Lost & Found. Free and official.
- Look up this plan's full Form 5500 ↗
The DOL's own filing search. Search by plan or sponsor name.
- Download this plan's data (CSV) ↗
Every field on this page, one row, ready for a spreadsheet.
Source
| Dataset | DOL EFAST2 Form 5500 bulk data (FOIA) |
|---|---|
| Form year | 2024 |
| Filing ACK_ID | 20251008083603NAL0005569969001 |
| Dataset last refreshed | July 28, 2026 |
Bulk dataset at askebsa.dol.gov ↗ · Look up the filing on EFAST2 ↗
Filings lag by design: a plan can file up to 9½ months after its year ends, so this is the newest data on file. Why filings lag
Cite this page
401(k) Monitor, "Csx Corporation 401(k) Plan: Form 5500 facts", from DOL EFAST2 filing 20251008083603NAL0005569969001, plan year ended December 31, 2024. 401(k) Monitor Score 57 out of 100 (exact value 56.89).