Genesee & Wyoming Inc. 401(k) Review & Grade
Genesee & Wyoming Inc. 401(k) Savings Plan
Rochester, NYTransportation & Warehousing3,958 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,969Employer $ per active participant
$4,078Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$264.2MNet plan assets, end of year
$71,846Average balance per account
Score breakdown
- Employer generosity26.6 / 5053th percentile for employer $ per participant
- Low cost14.4 / 2558th percentile for low admin cost vs. same-size plans
- Employee saving7.5 / 1550th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score52 / 100 · Grade C
This plan vs. peers
Peers: Transportation & Warehousing plans with 2,500–9,999 active participants (123 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 53th |
| Lower admin cost | 58th |
| Employee saving | 50th |
| Peers that auto-enroll | 46% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Genesee & Wyoming put in about $1,969 per active participant, more than the typical peer ($1,834). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $7,792,463 |
| Participant (employee) contributions | $16,139,322 |
| Other contributions (incl. rollovers in) | $2,484,033 |
| Administrative expenses paid from the plan | $247,070 |
| Contract administrator fees | $2,100 |
| Benefits paid out | $26,154,719 |
| Net assets, start / end of year | $232.7M / $264.2M |
| Active participants, start / end of year | 3,786 / 4,129 |
| Participants with account balances | 3,677 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bonadio & Co., LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $247,070 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250922144514NAL0006831315001, received 2025-09-22, EIN 06-0984624, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.