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Industry · Form 5500 business code 485990
Other Transit & Ground Passenger Transportation: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
For plan year 2024, 55 retirement plans in other transit & ground passenger transportation with 100 or more participants filed Form 5500: 54 defined contribution and 1 defined benefit. They reported 70,229 participant records and $2.37B in net assets, counting every plan on the form.
The median defined contribution plan held $21,126 per participant, well below the national median of $53,031, and its employer put in $857 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $68.60 per participant against $123 nationally.
Employers contributed $96.2M and participants $226M during the year, and the plans paid out $262M in benefits.
In 2009 the same group numbered 87 plans with $537M; by 2024 it was 55 plans (down 37%) and $2.37B (up 342%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $21,126 | $53,031 | $23,995 | $86,234 |
| Employer contributions per active participant | $857 | $2,174 | $2,985 | $10,244 |
| Schedule C compensation per participant | $68.60 | $123 | $114 | $344 |
| Schedule C compensation, share of net assets | 0.36% | 0.26% | 0.48% | 0.42% |
| Administrative expenses per participant | $58.52 | $116 | $232 | $527 |
Medians across plans with 100 or more participants (52 DC and 1 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $7,600 | $21,126 | $44,352 | 52 |
| Employer contributions per active participant | $586 | $857 | $2,427 | 47 |
| Schedule C compensation per participant | $33.37 | $68.60 | $165 | 43 |
| Administrative expenses per participant | $16.35 | $58.52 | $126 | 50 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2024 | 55 | 70,229 | $2.37B | $96.2M | $226M | $21,126 | $68.60 |
| 2023 | 62 | 68,165 | $2.02B | $81.6M | $195M | $20,063 | $93.57 |
| 2022 | 73 | 59,392 | $1.38B | $45.9M | $108M | $13,618 | $81.15 |
| 2021 | 74 | 54,968 | $1.47B | $40.7M | $89.0M | $19,389 | $91.67 |
| 2020 | 87 | 60,364 | $1.30B | $31.9M | $79.8M | $15,103 | $82.07 |
| 2019 | 95 | 65,301 | $1.17B | $43.8M | $78.8M | $11,680 | $58.03 |
| 2018 | 88 | 59,414 | $941M | $39.0M | $65.0M | $10,008 | $57.92 |
| 2017 | 87 | 58,569 | $1.04B | $35.3M | $54.9M | $10,842 | $45.66 |
| 2016 | 83 | 49,827 | $750M | $32.2M | $40.4M | $10,130 | $35.59 |
| 2015 | 81 | 49,025 | $697M | $29.3M | $38.8M | $10,576 | $32.51 |
| 2014 | 83 | 48,734 | $721M | $24.3M | $43.1M | $11,611 | $29.62 |
| 2013 | 84 | 48,786 | $834M | $24.7M | $44.3M | $12,383 | $30.30 |
| 2012 | 85 | 56,731 | $707M | $21.6M | $44.5M | $9,318 | $32.35 |
| 2011 | 89 | 54,254 | $634M | $20.7M | $42.9M | $7,636 | $23.27 |
| 2010 | 90 | 52,964 | $619M | $20.4M | $39.7M | $7,649 | $25.52 |
| 2009 | 87 | 50,140 | $537M | $26.1M | $37.8M | $7,606 | $23.48 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 53 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 53 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Beacon Mobility Transportation Employee Retirement Plan | Beacon Mobility Corp. | OH | DC | 10,183 | $89.4M | $8,784 | $480 | $31.80 |
| Keolis America, Inc. 401(k) Savings Plan | Keolis | MA | DC | 5,841 | $281M | $48,097 | $857 | $68.60 |
| Priority Ambulance, LLC 401(k) Plan | Priority Ambulance, LLC | AZ | DC | 4,916 | $26.1M | $5,319 | — | $44.92 |
| Medical Transportation Management, Inc. 401(k) Profit Sharing Plan | Medical Transportation Management, Inc. | MO | DC | 4,379 | $74.5M | $17,010 | $917 | $51.48 |
| Cruise, LLC Retirement Trust | Cruise, LLC | CA | DC | 4,033 | $489M | $121,303 | $12,698 | $3.00 |
| Hallcon Retirement Savings Plan | Hallcon Corporation | KS | DC | 4,024 | $14.6M | $3,631 | $127 | $10.34 |
| We Transport, Inc. Union 401(k) Plan | We Transport, Inc. | NY | DC | 3,244 | $21.6M | $6,657 | $426 | $45.39 |
| Zoox, Inc. 401(k) Plan | Zoox, Inc. | CA | DC | 3,197 | $222M | $69,593 | $5,762 | $71.42 |
| Transportation Communications Union Pension Fund | Trustees of Transportation Comm International Union Pension Fund | NJ | DB | 2,895 | $69.5M | $23,995 | $2,985 | $114 |
| Bus Company Holdings US, LLC 401(k) Savings Plan | Bus Company Holdings US, LLC | NJ | DC | 2,710 | $73.4M | $27,070 | $943 | $56.71 |
| Transcore 401(k) Retirement Plan | Transcore, LP | TN | DC | 2,465 | $230M | $93,398 | $2,277 | $60.83 |
| Roberts Hawaii, Inc. Employee Stock Ownership Plan | Roberts Hawaii, Inc. | HI | DC | 2,396 | $119M | $49,838 | $8,786 | — |
| California Machinists 401(k) Plan | Board of Trustees of California Machinists 401(k) Plan | CA | DC | 1,818 | $166M | $91,038 | $3,224 | $252 |
| 401(k) Profit Sharing Thrift Plan of Robert's Hawaii, Inc. & Affiliates | Robert's Hawaii, Inc. | HI | DC | 1,374 | $32.6M | $23,697 | $0 | $87.66 |
| Storer Transportation Service, Inc. Profit Sharing 401(k) Plan | Storer Transportation Service, Inc. | CA | DC | 1,006 | $25.0M | $24,834 | $612 | $22.13 |
| Rheinmetall Group USA 401(k) Retirement Plan | Rheinmetall Group | WI | DC | 956 | $70.2M | $73,460 | $4,599 | $174 |
| CMTS 401(k) Plan | Coastal Medical Transportation Services LLC | MA | DC | 911 | $10.9M | $11,957 | $1,077 | $64.74 |
| Southeastrans 401(k) Plan | Verida, Inc. | GA | DC | 865 | $3.4M | $3,958 | — | $141 |
| Shoppa's Material Handling, Inc. 401(k) Profit Sharing Plan & Trust | Shoppa's Material Handling, Inc. | TX | DC | 801 | $20.4M | $25,450 | $729 | $176 |
| Mears Destination Services, Inc. 401(k) Savings Plan | Mears Destination Services, Inc. | FL | DC | 654 | $24.5M | $37,530 | $709 | $103 |
| Sharp Transit, LLC Employees 401(k) Retirement Plan | Sharp Transit, LLC | NC | DC | 631 | $7.3M | $11,602 | $716 | $65.25 |
| Global Paratransit, Inc. 401(k) Profit Sharing Plan and Trust | Global Paratransit, Inc. | CA | DC | 596 | $1.3M | $2,191 | $36 | $3.68 |
| Priority One Services, Inc. Retirement Plan | Priority One Services, Inc. | VA | DC | 578 | $19.6M | $33,980 | $3,315 | $205 |
| The Boring Company 401(k) Profit Sharing Plan and Trust | The Boring Company | TX | DC | 567 | $3.8M | $6,662 | — | $8.82 |
| Secure Transportation 401(k) Plan | Secure Transportation Company, Inc. | CA | DC | 467 | $3.7M | $7,913 | — | $124 |
| Tremblays Bus Co. LLC 401(k) Profit Sharing Plan & Trust | Tremblays Bus Company | MA | DC | 460 | $5.1M | $11,092 | $472 | — |
| Armstrong Ambulance Service, Inc. 401(k) Retirement Plan | Armstrong Ambulance Service, Inc. | MA | DC | 436 | $18.8M | $43,103 | $1,655 | $197 |
| Health Park 401(k) Plan | HPH Transport, Inc. | IL | DC | 415 | $423K | $1,019 | $190 | $51.56 |
| Regional Paramedical Services 401(k) Profit Sharing Plan & Trust | Regional Paramedical Services | AL | DC | 410 | $3.4M | $8,171 | $372 | $120 |
| Transit Employees 401(k) Plan | Springfield Area Transit Co. Inc. | MA | DC | 376 | $7.4M | $19,678 | $0 | $102 |
| Aerostar Savings & Retiremen Plan | Aerostar Airport Holdings, LLC | PR | DC | 334 | $7.7M | $23,136 | $1,312 | $63.60 |
| Via Mobility Services 403(b) Plan | Via Mobility Services | CO | DC | 317 | $5.0M | $15,648 | $664 | $81.66 |
| Everdriven Technologies, LLC 401(k) Plan | Everdriven Technologies, LLC | UT | DC | 313 | $8.5M | $27,157 | $1,394 | $208 |
| Hornblower Puerto Rico Retirement Plan | HMS Ferries Puerto Rico LLC | PR | DC | 306 | $1.4M | $4,482 | $818 | — |
| PTM Management Corp. Employee Stock Ownership Plan | PTM Management Corp. | NY | DC | 303 | $27.8M | $91,723 | $3,582 | — |
| Bauer's Intelligent Transportation, Inc. 401(k) Plan | Bauer's Intelligent Transportation, Inc. | CA | DC | 297 | — | — | — | — |
| Mol Retirement & Savings Plan | Mol (Americas) LLC | NJ | DC | 295 | $77.0M | $260,926 | $7,483 | $432 |
| PTM Management Corp. 401(k) Profit Sharing Plan | PTM Management Corp. | NY | DC | 288 | $8.5M | $29,661 | $710 | — |
| Dayton-Phoenix Group, Inc. Salaried Employees 401(k) Retirement Plan and Trust | Dayton-Phoenix Group, Inc. | OH | DC | 268 | $40.9M | $152,474 | $3,995 | $394 |
| DC1 Transport LLC 401(k) Plan | DC1 Transport LLC | OH | DC | 238 | $230K | $966 | $496 | — |
By plan size
By state
Questions and answers
How many retirement plans are there in other transit & ground passenger transportation?
55 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 94 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in other transit & ground passenger transportation?
The median defined contribution plan reported $21,126 in net assets per participant (middle half of plans: $7,600 to $44,352); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in other transit & ground passenger transportation?
The median defined contribution plan received $857 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in other transit & ground passenger transportation?
Among defined contribution plans that report any Schedule C compensation, the median was $68.60 per participant and 0.36% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.