Ocean Network Express (North America) 401(k) match, vesting and fees
What Ocean Network Express (North America)'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 | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Cohnreznick (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 267 defined-contribution plans in transportation and warehousing with 1,000 to 4,999 participants.
| Ocean Network Express (North America): employer contribution per participant | $4,672 | |
| Peer median | $1,880 |
| Ocean Network Express (North America): average balance | $144,087 | |
| Peer median | $51,904 |
| Ocean Network Express (North America): admin expenses ÷ assets | 0.12% | |
| Peer median | 0.21% |
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 $131M at the end of plan year 2021 to $157M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,108 | $157M | $5.1M | $4,672 | 0.12% | Not published | Form 5500 ↗ |
| 2023 | 989 | $137M | $5.2M | $5,317 | 0.10% | Not published | Form 5500 ↗ |
| 2022 | 1,084 | $109M | $4.8M | $4,558 | 0.16% | Not published | Form 5500 ↗ |
| 2021 | 915 | $131M | $4.4M | $5,070 | 0.09% | Not published | Form 5500 ↗ |
Common questions
Does Ocean Network Express (North America) match 401(k) contributions?
The match terms for the Ocean Network Express (North America) Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $5.1M in employer contributions, about $4,672 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Ocean Network Express (North America) 401(k) match vested?
The vesting schedule for the Ocean Network Express (North America) Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Ocean Network Express (North America) 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Ocean Network Express (North America) Inc..
I left Ocean Network Express (North America). How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Ocean Network Express (North America) Inc., (804) 256-2215) or the recordkeeper, Fidelity Investments Institutional. The Ocean Network Express (North America) old 401(k) page lists the contacts from every plan filing. Find an old Ocean Network Express (North America) 401(k)
Data from the public Form 5500 annual reports Ocean Network Express (North America) filed with the U.S. Department of Labor (plan years 2021 and 2022 and 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 Ocean Network Express (North America). Not financial advice. Report a correction · Methodology