Maersk Inc. Savings Plan — Form 5500 plan (Maersk Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Maersk Inc. Savings Plan is a benefit plan reported by Maersk Inc. under EIN 13-5159146 and plan number 002. The latest loaded filing year is 2023. The filing reports 6,161 participants and $920,559,870 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Maersk Inc.
EIN
13-5159146
Plan number
002
Plan type
2
Location
Florham Park, NJ
Latest filing year
2023
Participants
6,161
End-of-year plan assets
$920,559,870

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20236,161H, C20241125084929NAL0001927187001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$920,559,870
Total liabilities (EOY)
$0
Net assets (EOY)
$920,559,870
Net assets (BOY)
$661,272,698

Income & contributions

Employer contributions
$23,115,955
Participant contributions
$45,811,846
Total contributions
$80,252,602
Total income / additions
$216,873,668

Expenses & distributions

Benefits paid
$73,320,486
Administrative expenses
$704,661
Total expenses
$74,111,787
Net increase / (decrease)
$142,761,881

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock Retirement Plan SvcsRETAINED BY CLIENT$560,812$02023
Mercer InvestmentsRETAINED BY CLIENT$136,689not reported in the loaded dataset2023
Anthony Apodaca AccountancyRETAINED BY CLIENT$7,160not reported in the loaded dataset2023

Related Form 5500 pages