Department of Labor filing

MEDITERRANEAN SHIPPING COMPANY USA, INC.

MSC (USA) HOLDINGS RETIREMENT PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Oct 15, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

99filing comparison
out of 100

The filing signals stronger employer support and/or lower plan-paid administrative costs than many comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support
$6,032

Reported employer contributions per active participant.

Higher than about 99% of comparable plans
#People in the filing
1,574

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$8 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 97% of comparable plans
Investment performance
Not available

Plan assets changed 22.8%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202499out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions99th percentileTypical peer $880 · based on 142 comparable plans
Lower reported administrative expense97th percentileTypical peer $92 · based on 141 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, MEDITERRANEAN SHIPPING COMPANY USA, INC. reported $9,494,864 in employer contributions across the plan and 1,574 active participants. That works out to $6,032 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy74%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 5.0%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 43.3%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context99/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$9,494,864
Participant contributions
$12,018,507
Other contributions
$821,797
Employer share of reported contributions
44.1%
Beginning assets
$153,451,149
Ending assets
$188,375,774
Ending net assets
$188,370,800
Ending liabilities
$4,974
Total income
$43,448,775
Total expenses
$8,529,069
Administrative expenses
$16,158
Participant loans
$2,742,516

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$6,349
2023
$5,455
2024
$6,032
Plan-paid administrative expenses per participant
2022
$13
2023
$10
2024
$8
Active participants
2022
1,472
2023
1,471
2024
1,574
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2024$6,0321,574188.4M20251015090520NAL0004139969001
2023$5,4551,471153.5M20241011150705NAL0037375424001
2022$6,3491,472122.4M20231011151005NAL0040437088001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
1.5%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Not stated in the filing
Public plan identifier
132696410-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Jun 1, 1989
Industry
Transportation and warehousing
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2A2E2F2G2J2S2T3D3H

Current plan terms

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Filing ACK_ID20251015090520NAL0004139969001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗