401(k) Monitor

Csx Corporation Capital Builder Plan

Csx Corporation · Jacksonville, FL · EIN 621051971 · Plan 004 · Form 5500 for plan year 2024

This is a pooled multiple-employer plan, so its participant and asset totals span many unrelated employers.

What CSX put into the plan, per active participant

$366

CSX Corporation put $366 into this plan for each of its 19,459 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. This filing covers many unrelated employers under one plan, so the figure is an average across all of them rather than one employer's behaviour.

It is kept out of every peer group and takes no score.

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

$91.22

The plan paid $91.22 per participant in plan-paid administrative expenses in plan year 2024, more expensive than 79% 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

Not scored

This is a pooled plan covering many unrelated employers, so its figures are averages across a client book. It takes no score, and it is kept out of every peer group so that it does not move anybody else's standing.

It keeps whichever of the two it does report, above. Nothing is filled in from an average, from another year or from another plan, because a two-part score computed on one part is a different measure wearing the same name.

What the score would read, on a filing that carries both: 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.

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.

Vesting scheduleImmediate

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.

The formula, the six-year window and a worked example

What the plan costs, against plans of its size

79th percentile

$91.22 per participant in plan-paid administrative cost, more expensive than 79% 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

  • This filing is not about one employer

    One Form 5500 covers many unrelated employers here, so every figure on this page is an average across all of them. The match, the vesting schedule and the fees that apply to one worker are set by that worker’s own employer, and none of the three is stated in this filing.

  • What to ask about the fees

    This plan paid $91.22 per participant out of plan assets, more than 79% 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

From Schedule H of Form 5500 filing 20251008083742NAL0005570929001, plan year 2024.
Total plan assets, end of year$1,536,701,769
Net assets$1,536,212,666
Participants, beginning of year23,997
Of which active19,459
Plan typeMultiple 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 $46,885,667. 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.13%

Plan-paid administrative expenses

The plan paid $2,188,953 in administrative expenses in plan year 2024, across 23,997 participants: $91.22 per participant.

Contract administrator fees$0
Professional feesnot reported in filing
Investment management fees$973,736
Other administrative fees$635,206

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

The plans nearest this one by participant count, out of 126 in its peer group. Cost per participant is each plan’s own Schedule H figure, and a filing that reported no administrative expenses says so instead of showing a zero.
PlanParticipantsCost per participant
The Fidelity National Financial Group 401(k) Profit Sharing PlanFidelity National Financial, Inc.24,507$71.41
The Odp Corporation Retirement Savings PlanOdp International, LLC24,319$48.57
Universal Orlando 401(k) Retirement PlanUniversal City Development Partners, Ltd Universal Orlando23,662$14.92
Southern Glazer's 401(k) PlanSouthern Glazer's Wine And Spirits, LLC22,589$59.23

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.

Providers from Schedule C, Part 1, Item 2 of filing 20251008083742NAL0005570929001. Direct compensation is paid from plan assets. Amounts in USD.
ProviderService codesDirect comp. ($)Indirect comp. ($)
Empower Advisory Services50, 26973,736not reported
Empower Annuity Insurance Company50, 37, 64, 15580,0110
Northern Trust Company71, 33, 21, 19275,770not reported
Loomis Sayles & Company52, 270273,582
Dodge & Cox52, 270185,460
Morgan Stanley Investment Manage52, 270176,267
Wellington Management Co. LLP52, 270128,627
Holland & Knight52, 27064,056
Ernst & Young50, 1060,270not reported
Jones Day Reavis & Pogue52, 27016,525
Qdro Consultants Company, LLC50, 1612,000not reported

Source

DatasetDOL EFAST2 Form 5500 bulk data (FOIA)
Form year2024
Filing ACK_ID20251008083742NAL0005570929001
Dataset last refreshedJuly 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 Capital Builder Plan: Form 5500 facts", from DOL EFAST2 filing 20251008083742NAL0005570929001, plan year ended December 31, 2024.