Ceva Logistics U.S. Holdings, Inc. 401(k) Review & Grade
Ceva 401(k) Plan
Houston, TXTransportation & Warehousing9,651 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,999Employer $ per active participant
$3,499Employee $ saved per active participant
0.20%Direct admin cost, % of plan assets
$584.8MNet plan assets, end of year
$49,612Average balance per account
Score breakdown
- Employer generosity27.5 / 5055th percentile for employer $ per participant
- Low cost8.7 / 2535th percentile for low admin cost vs. same-size plans
- Employee saving6.6 / 1544th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score36 / 100 · Grade D
This plan vs. peers
Peers: Transportation & Warehousing plans with 2,500–9,999 active participants (123 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 55th |
| Lower admin cost | 35th |
| Employee saving | 44th |
| Peers that auto-enroll | 46% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($79,959,556 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Ceva Logistics U.S. Holdings put in about $1,999 per active participant, more than the typical peer ($1,834). 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.
- Direct plan expenses (0.20% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $19,293,468 |
| Participant (employee) contributions | $33,765,793 |
| Other contributions (incl. rollovers in) | $2,946,278 |
| Administrative expenses paid from the plan | $1,108,247 |
| Other admin expenses | $1,108,247 |
| Benefits paid out | $67,707,159 |
| Net assets, start / end of year | $528.2M / $584.8M |
| Active participants, start / end of year | 10,028 / 9,274 |
| Participants with account balances | 11,787 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Ham, Langston & Brezina, L.L.P. |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $1,132,795 reported compensation |
| Vanguard Advisers Inc. | $79,537 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015185055NAL0002780451001, received 2025-10-15, EIN 56-2626194, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.