Lake State Railway 401(k) match, vesting and fees
What Lake State Railway's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Newport Group, Inc. | Schedule C ↗ |
| Independent auditor | Andrews Hooper Pavlik Plc (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2025 medians for 713 defined-contribution plans in transportation and warehousing with 100 to 499 participants.
| Lake State Railway: employer contribution per participant | $1,425 | |
| Peer median | $813 |
| Lake State Railway: average balance | $58,399 | |
| Peer median | $22,335 |
| Lake State Railway: admin expenses ÷ assets | 0.45% | |
| Peer median | 0.62% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $6.8M at the end of plan year 2021 to $9.8M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 169 | $9.8M | $238K | $1,425 | 0.45% | Not published | Form 5500 ↗ |
| 2024 | 158 | $8.8M | $213K | $1,359 | 0.43% | Not published | Form 5500 ↗ |
| 2023 | 155 | $7.6M | $191K | $1,243 | 0.43% | Not published | Form 5500 ↗ |
| 2022 | 139 | $5.9M | $250K | $1,799 | 0.42% | Not published | Form 5500 ↗ |
| 2021 | 134 | $6.8M | $244K | $1,821 | 0.40% | Not published | Form 5500 ↗ |
Common questions
Does Lake State Railway match 401(k) contributions?
The match terms for the Lake State Railway Company 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2025 filing reports $238K in employer contributions, about $1,425 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Lake State Railway 401(k) match vested?
The vesting schedule for the Lake State Railway Company 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Lake State Railway 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Newport Group, Inc.. The plan administrator is Lake State Railway Company.
I left Lake State Railway. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Lake State Railway Company, (989) 393-9819) or the recordkeeper, Newport Group, Inc.. The Lake State Railway old 401(k) page lists the contacts from every plan filing. Find an old Lake State Railway 401(k)
Data from the public Form 5500 annual reports Lake State Railway filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Lake State Railway. Not financial advice. Report a correction · Methodology