Maersk Inc. 401(k) Plan: Login, Facts & Contact Information

Maersk Inc. 401(k) Plan Facts

Plan name
MAERSK SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MAERSK AGENCY USA, INC.
Participants
13,611 (10,682 active employees)
Former employees with a balance
2,849
Plan assets
$1,016,236,912 at Dec 31, 2024
Average account balance
$100,558 across 10,106 accounts
Employer contributions
$22,824,136 in plan year 2024 (30% of all contributions)
Recordkeeper
John Hancock Retirement Plan Svcs
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 1, 1980
✓ Employer contributions— Automatic enrollment— Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $76.0 million went into the plan in contributions, $22.8 million of it from the employer (30%).
  • $106.2 million was paid out to participants.
  • Investment and other income added $126.0 million.
  • Administrative expenses were $724,084, about $72 per account.

How the Maersk Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20193,986$578.7 million$11.3 million$46.3 million
20204,407$648.9 million$11.4 million$44.5 million
20214,581$766.5 million$12.0 million$59.0 million
20225,393$661.3 million$12.6 million$51.3 million
20236,161$920.6 million$23.1 million$73.3 million
202413,611$1.02 billion$22.8 million$106.2 million

Maersk Inc. 401(k) Contact Information

Phone
973-514-5000
Mailing address
180 PARK AVENUE, FLORHAM PARK NJ 07932
Plan sponsor
MAERSK AGENCY USA, INC.
Employer identification number (EIN)
13-5159146
Plan number
002

Questions about the Maersk Inc. 401(k)

Does Maersk Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $22.8 million, 30% of all contributions.

Does the Maersk Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Maersk Inc 401(k) plan?

13,611 participants at the start of plan year 2024, 10,682 of them active employees, and 2,849 former employees who still had money in the plan.

What is the average 401(k) balance at Maersk Inc?

About $100,558 per account: $1.02 billion in plan assets across 10,106 accounts with a balance at the end of plan year 2024.

Who manages the Maersk Inc 401(k) accounts?

John Hancock (listed on the filing as JOHN HANCOCK RETIREMENT PLAN SVCS) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Maersk Inc. How do I access my 401(k)?

Your account stays with John Hancock after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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