Shipco Transport Inc 401(k) Plan: Login, Facts & Contact Information

Shipco Transport Inc 401(k) Plan Facts

Plan name
SHIPCO TRANSPORT INC 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SHIPCO TRANSPORT INC
Participants
653 (496 active employees)
Former employees with a balance
149
Plan assets
$39,232,019 at Dec 31, 2024
Average account balance
$83,829 across 468 accounts
Employer contributions
$985,083 in plan year 2024 (29% of all contributions)
Recordkeeper
Prime Trust Advisors
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1991
✓ 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 Jun 10, 2026. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.44 million went into the plan in contributions, $985,083 of it from the employer (29%).
  • $2.65 million was paid out to participants.
  • Investment and other income added $4.60 million.
  • Administrative expenses were $29,187, about $62 per account.

How the Shipco Transport Inc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019457$21.1 million$675,622$845,632
2020464$25.9 million$742,762$1.06 million
2021489$30.0 million$807,937$2.38 million
2022498$27.7 million$900,232$646,868
2023584$33.9 million$941,402$1.49 million
2024653$39.2 million$985,083$2.65 million

Shipco Transport Inc 401(k) Contact Information

Phone
201-459-4474
Mailing address
80 WASHINGTON STREET, HOBOKEN NJ 07030
Plan sponsor
SHIPCO TRANSPORT INC
Employer identification number (EIN)
13-3468377
Plan number
001

Questions about the Shipco Transport Inc 401(k)

Does Shipco Transport Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $985,083, 29% of all contributions.

Does the Shipco Transport Inc 401(k) have automatic enrollment?

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

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

653 participants at the start of plan year 2024, 496 of them active employees, and 149 former employees who still had money in the plan.

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

About $83,829 per account: $39.2 million in plan assets across 468 accounts with a balance at the end of plan year 2024.

Who manages the Shipco Transport Inc 401(k) accounts?

ADP Retirement Services (listed on the filing as PRIME TRUST ADVISORS) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with ADP Retirement Services 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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