Plan Ledger DOL Form 5500 · updated monthly

Mediterranean Shipping Company USA, Inc.401(k)

MSC (USA) HOLDINGS RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Mediterranean Shipping Company USA, Inc. reported $16,158 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,032 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 fell from 0.02% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 491st-largest of 5,648 plans among New York employers on file, and the 154th of 2,677 in transportation & warehousing. In 2024, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$188,370,800
Participants with balances2,141
Active participants1,574
Employer contributions$9,494,864
Employee contributions$12,018,507
Employer contribution per active participant$6,032
Average account balance$87,983
Benefits paid to participants$8,512,911
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$188.4M · 2,141 accts · $9.5M emplr
2023$153.5M · 2,077 accts · $8.0M emplr
2022$122.4M · 2,090 accts · $9.3M emplr
The Mediterranean Shipping Company USA, Inc. 401(k) match · 2024
Employer contribution per active participant$6,032
Median for plans this size$3,635
2024$6,032 per active participant
2023$5,455 per active participant
2022$6,349 per active participant

Mediterranean Shipping Company USA, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size. 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 · 20241

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

Administrative cost history3
2024$16,158 · 0.01%
2023$20,000 · 0.01%
2022$27,268 · 0.02%
Same employer
Similar plansTransportation & Warehousing · New York
Lufthansa German Airlines NY$353.8M · 0.07%
Genesee & Wyoming Inc. NY$264.2M · 0.10%
British Airways PLC NY$232.5M · 0.08%
Tops Markets, LLC NY$183.4M · 0.04%
Wheels Up Partners LLC NY$182.0M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132696410 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.