Freightcar America, Inc. Savings Plan — Form 5500 plan (Freightcar America, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Freightcar America, Inc. Savings Plan is a benefit plan reported by Freightcar America, Inc. under EIN 25-1837219 and plan number 009. The latest loaded filing year is 2023. The filing reports 369 participants and $20,973,834 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$21MPlan net assets, end of year$20,973,834
Participants369Covered participants reported
Assets / participant$56.8KComputed: assets ÷ participants$56,840 (computed)
Provider compensation$34.2K5 Schedule C provider row(s)$34,215
Plan sponsor
Freightcar America, Inc.
EIN
25-1837219
Plan number
009
Plan type
2
Location
Chicago, IL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023369H, C20241015141312NAL0029932801001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$21M total assets
Net assets$21MLiabilities
Money in vs. money out
Total income / additions$3.8M
Total expenses$3.3M
Benefits paid / distributions$3.2M
Contributions
Employer$300.8K
Participant$621.9K
Full reported line items

Net assets

Total assets (EOY)
$20,973,834
Net assets (EOY)
$20,973,834
Net assets (BOY)
$20,540,626

Income & contributions

Employer contributions
$300,801
Participant contributions
$621,939
Total contributions
$1,125,143
Total income / additions
$3,757,172

Expenses & distributions

Benefits paid
$3,235,378
Administrative expenses
$29,641
Total expenses
$3,323,964
Net increase / (decrease)
$433,208
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 33%Participant 67%
Total expenses ÷ net assets16%Computed ratio
Benefits paid ÷ total income86%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Gallagher Benefit Services IncNONE$15,810not reported in the loaded dataset2023
Rsm Us LlpNONE$10,500not reported in the loaded dataset2023
Gallagher Fiduciary Advisors LNONE$7,905not reported in the loaded dataset2023
Charles Schwab Trust BankNONE$0$02023
Charles Schwab & Co., Inc.NONE$0$02023

Related Form 5500 pages