401(k) · DOL Form 5500 · 2023

Freightcar America, Inc. 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
54
Participants Small participant base
73rd
Percentile by assets National rank
$388,404
Avg per participant High balance/head
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Official DOL plan name: Freightcar America, Inc. Savings Plan · Sponsored by Freightcar America, Inc. · Illinois · Manufacturing

$21M in assets, 54 participants

Freightcar America, Inc.'s Freightcar America, Inc. Savings Plan reported $21M in total assets and 54 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #11,904 in Manufacturing (18,722 peers)

What the 2023 filing shows

Freightcar America, Inc. Savings Plan holds $21M for 54 participants - about $388,404 per participant, above the median plan by assets.

#11,904
in Manufacturing (18,722 peers)
+2.1%
assets growth YoY

Freightcar America, Inc. Savings Plan's outsized position by total assets

Freightcar America, Inc. Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$20,973,834 Top 27% higher than 73% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Freightcar America, Inc. Savings Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Freightcar America, Inc. Savings Plan is a small filing (54 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Freightcar America, Inc. Savings Plan reported net income rose from -$7M in the plan year 2022 filing to $433K in the plan year 2023 filing.
  • Freightcar America, Inc. Savings Plan end-of-year assets rose from $21M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Freightcar America, Inc. Savings Plan reported participants fell from 55 in the plan year 2022 filing to 54 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 251837219 · Freightcar America, Inc. PY 2023 · 401(k)

Freightcar America, Inc. Savings Plan · $21M · 54 · 73rd

  • BOY $21M
  • BOY 54
  • BOY 73rd
  • BOY 401(k)
  • BOY near E & M Electric and Machinery, Inc. 401(k) Profit Sharing Plan
  • BOY ind #11904

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Illinois →

Freightcar America, Inc. Savings Plan in the asset neighbourhood

The Arrt 401(k) and Retirement PlanThe Arrt 401(k) and Retireme…$21MBihler of America, Inc. Retirement Savings PlanBihler of America, Inc. Reti…$21MFreightcar America, Inc. Savings PlanFreightcar America, Inc. Sav…$21ME & M Electric and Machinery, Inc. 401(k) Profit Sharing PlanE & M Electric and Machinery…$21MNatureserve Saving and Retirement PlanNatureserve Saving and Retir…$21M
End-of-year total assets ($M) among Freightcar America, Inc. Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$21M
Net Income$433K
Employer EIN251837219
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Freightcar America, Inc.)

Sponsor-wide plan assets over time

All Freightcar America, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$32M 0.35043956463999615% vs 2022
2024 filing year
$31.2M$31.4M$31.6M$31.8M$32M$32.2M 202220232024 $31.9M $31.8M ▼ -0.3%
Year Plans Participants Total Assets
2022 2 68 $32M
2023 2 65 $31M
2024 2 72 $32M

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Freightcar America, Inc. Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Freightcar America, Inc. Savings Plan, Total assets ($B): 0.020973834 · Participants: 54Freightcar America, Inc. Savings PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Freightcar America, Inc. Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Freightcar America, Inc. Savings Plan side-by-side with 3 peers →

Freightcar America, Inc. Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is E & M Electric and Machinery, Inc. 401(k) Profit Sharing Plan in CA ($21M); by covered participants it is Arco Publicidad Retirement Plan in PR (54 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (54 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Freightcar America, Inc. Savings Plan assets move in 2023? ▼
Freightcar America, Inc. Savings Plan edged up modestly - up 2.1% during 2023, from $21M to $21M. Reported net income was $433K.
How have Freightcar America, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Freightcar America, Inc.'s sponsor-wide assets declined 0.4%, from $32M to $32M.
Which 401(k) plans are similar in size to Freightcar America, Inc. Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is E & M Electric and Machinery, Inc. 401(k) Profit Sharing Plan in CA ($21M, 125 participants).
Which 401(k) plans cover a similar participant headcount to Freightcar America, Inc. Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Arco Publicidad Retirement Plan in PR (54 participants, $231K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 251837219.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.