Plan Ledger DOL Form 5500 · updated monthly

Hapag-Lloyd (America) LLC401(k)

HAPAG-LLOYD (AMERICA) LLC SAVINGS AND INVESTMENT PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.01%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Hapag-Lloyd (America) LLC reported $21,392 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,871 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.00% to 0.01%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 136th-largest of 2,160 plans among Georgia employers on file, and the 129th of 2,677 in transportation & warehousing. In 2024, the employer put in $1.17 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$266,088,838
Participants with balances1,543
Active participants964
Employer contributions$8,551,183
Employee contributions$7,301,018
Employer contribution per active participant$8,871
Average account balance$172,449
Benefits paid to participants$23,992,765
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH & BROWN,PC
Plan history3
Yearassets · accounts · employer contribution
2024$266.1M · 1,543 accts · $8.6M emplr
2023$242.5M · 1,613 accts · $7.9M emplr
2022$220.6M · 1,594 accts · $8.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$900
Investment management$19,892
Total administrative$21,392
The Hapag-Lloyd (America) LLC 401(k) match · 2024
Employer contribution per active participant$8,871
Median for plans this size$4,294
2024$8,871 per active participant
2023$8,116 per active participant
2022$9,240 per active participant

Hapag-Lloyd (America) LLC's 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$900
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$19,892

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$21,392 · 0.01%
2023$4,374 · 0.00%
2022$6,739 · 0.00%
Same employer
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Saia Motor Freight Line, LLC GA$669.8M · 0.07%
Colonial Pipeline Company GA$359.1M · 0.01%
Americold Logistics LLC GA$319.7M · 0.30%
Endeavor Air, Inc. GA$282.6M · 0.05%
National Dcp, LLC GA$117.8M · 0.17%
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Source: U.S. Department of Labor, Form 5500 series, EIN 132520327 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.