Cma CGM (america) LLC 401(k) Review & Grade
Cma CGM (america) LLC 401(k) Plan
Norfolk, VATransportation & Warehousing1,404 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$6,058Employer $ per active participant
$9,402Employee $ saved per active participant
0.08%Direct admin cost, % of plan assets
$332.7MNet plan assets, end of year
$144,099Average balance per account
Score breakdown
- Employer generosity47.6 / 5095th percentile for employer $ per participant
- Low cost19.5 / 2578th percentile for low admin cost vs. same-size plans
- Employee saving14.1 / 1594th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-20 pts2 issues reported on the filing
Total score71 / 100 · Grade B
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 95th |
| Lower admin cost | 78th |
| Employee saving | 94th |
| Peers that auto-enroll | 37% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($6,699 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Cma CGM (america) put in about $6,058 per active participant, more than the typical peer ($1,070). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $8,501,885 |
| Participant (employee) contributions | $13,196,249 |
| Other contributions (incl. rollovers in) | $1,354,749 |
| Administrative expenses paid from the plan | $265,905 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $148,311 |
| Benefits paid out | $32,760,554 |
| Net assets, start / end of year | $302.0M / $332.7M |
| Active participants, start / end of year | 1,397 / 1,410 |
| Participants with account balances | 2,309 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Pbmares LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $109,344 reported compensation |
| Strategic Advisors, Inc. | $104,610 reported compensation |
| NFP Retirement Inc | $43,700 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014125024NAL0001404947001, received 2025-10-14, EIN 22-3522528, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.