Maersk Agency USA 401(k) match, vesting and fees

Plan year 2024 filingMaersk Savings Plan · Plan 002 · EIN 13-5159146Updated Oct 2026

What Maersk Agency USA's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $22.8M in employer contributions, about $2,258 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$100,558
Average account balance
13,564
Participants (end of year)
$1B
Plan assets (end of year)
0.07%
Admin expenses ÷ assets

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.

RecordkeeperJohn Hancock Retirement Plan SvcsSchedule C ↗
Independent auditorPricewaterhousecoopers (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

How the plan compares

Plan year 2024 medians for 44 defined-contribution plans in transportation and warehousing with 10,000 to 49,999 participants.

Maersk Agency USA: employer contribution per participant$2,258
Peer median$1,814
Maersk Agency USA: average balance$100,558
Peer median$68,010
Maersk Agency USA: admin expenses ÷ assets0.07%
Peer median0.12%

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 $921M at the end of plan year 2023 to $1B at the end of plan year 2024.

$921M2023$1B2024
End-of-year figures from each plan year's Form 5500 filing for the Maersk Agency USA plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
202413,564$1B$22.8M$2,2580.07%Not publishedForm 5500 ↗
202313,611$921M$23.1M$2,0950.09%Not publishedForm 5500 ↗

Other Maersk Agency USA plans (3)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Ocu Savings Plan

Plan 005 · EIN 13-5159146 · plan year 2024 filing
$274,947
Average account balance
101
Participants (end of year)
$27.2M
Plan assets (end of year)
<0.01%
Admin expenses ÷ assets

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.

Plan type and status401(k) · ActiveForm 5500 ↗

The Maersk Inc. Marine Clerks Association Pension Plan

Plan 003 · EIN 13-5159146 · plan year 2024 filing
$367,433
Average account balance
22
Participants (end of year)
$8.1M
Plan assets (end of year)
0.97%
Admin expenses ÷ assets

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.

Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

The Maersk Inc. Pension Plan

Plan 001 · EIN 13-5159146 · plan year 2024 filing · terminated
—
Average account balance
0
Participants (end of year)
$0
Plan assets (end of year)
268.78%
Admin expenses ÷ assets

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.

Plan type and statusPension (defined benefit) · Terminated (final filing)Form 5500 ↗

Common questions

Does Maersk Agency USA match 401(k) contributions?

The match terms for the Maersk Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $22.8M in employer contributions, about $2,258 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Maersk Agency USA 401(k) match vested?

The vesting schedule for the Maersk Savings Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Maersk Agency USA 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock Retirement Plan Svcs. The plan administrator is Maersk Agency USA, Inc..

I left Maersk Agency USA. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Maersk Agency USA, Inc., (973) 514-5000) or the recordkeeper, John Hancock Retirement Plan Svcs. The Maersk Agency USA old 401(k) page lists the contacts from every plan filing. Find an old Maersk Agency USA 401(k)

Data from the public Form 5500 annual reports Maersk Agency USA filed with the U.S. Department of Labor (plan years 2023 and 2024) 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 Maersk Agency USA. Not financial advice. Report a correction · Methodology