Plan Snapshot
- Plan Sponsor: Indiana Harbor Belt Railroad Company
- Sponsor EIN: 366001389
- Sponsor Address: PO BOX 389, HAMMOND, IN, 46325
- Plan Type: DB
- Total Participants: 65
- Total Assets: $15.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 65 | $15.8M | $684,000 | $0 |
| 2023 | 66 | $15.7M | $663,000 | $0 |
| 2022 | 65 | $14.4M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| INSERO & CO CPAS, LLP | Auditor | $26,050 | — | $26,050 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- INSERO & CO CPAS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,050
- Estimated Expense Ratio: 0.164% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $180,437 | $962 | $33,598 | $26,050 | — |
| 2023 | $228,017 | $1,083 | $18,916 | $24,600 | — |
| 2022 | $210,059 | — | — | — | $100,731 |