Ryder System 401(k) match: 3% max
Ryder System, Inc. 401(k) Savings Plan · R · CIK 85961
Maximum employer match, as a share of pay
3%
Ryder System matches 50% of the first 6% of pay.
From the Form 11-K filed June 25, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: what the employer actually paid in · the formula, word for word · what it used to be · when the money becomes yours · who can join · what the plan reports to the DOL · how it compares · what to do next
What Ryder System puts in, and what the plan costs
What Ryder System put into the plan, per active participant
$974
Ryder System put $974 into this plan for each of its 44,069 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
Ryder System put in less per active participant than 70% of plans with 5,000+ participants in transportation and logistics. The middle plan in that group of 124 reported $1,783. Transportation and logistics comes from business code 488990, which Ryder System entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
What this figure cannot separate: how much Ryder System pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 590739250, plan 005 · DOL EFAST2 ↗
The $974 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. Ryder System also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $1,485 a year at a $49,500 salary, and the same filing states employer contributions made outside the match. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What Ryder System puts in
$1,485
a year, at a $49,500 salary.
The match paragraph, word for word
“Salaried and non-salaried employees that were hired prior to January 1, 2016, other than field hourly employees of Ryder Integrated Logistics, Inc. (“RIL”), a wholly-owned subsidiary of the Company and other employee groups as described below, are eligible to receive: (a) non-elective Company contributions equal to 3% of eligible pay, even if employees do not make contributions to the Plan, and (b) a 50% Company match of participant contributions of up to 5% of eligible pay, subject to IRS limits upon meeting eligibility requirements. For field hourly employees hired by RIL prior to January 1, 2016, the Company will make a non-elective basic contribution of $400 on an annual basis whether or not the employee contributes to the Plan. If the employee contributes to the Plan, in addition to the basic contribution, the Company will match the first $300 at 100% and match the next $800 at 50%. On January 1, 2016, the Plan was amended for new hires and re-hires. Effective January 1, 2016, the matching contributions for these employees, regardless of position, shall equal 50% company match of participant contributions up to 6% of eligible pay (the “Match”), subject to IRS limits upon meeting eligibility requirements.”
What you contribute to collect all of it
Contribute at least 6% of your pay to collect the full match.
That is $2,970 a year at a $49,500 salary, and it scales with your own.
Vesting score
50 out of 100
How fast the employer’s money becomes yours. Higher than 2% of the 253 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 0%, 0%, 25%, 50%, 75%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Participants are immediately vested in their contributions plus earnings thereon. Upon completion of two years of service, participants vest 25% in the Company contributions and the earnings attributable to such contributions and 25% upon completion of each year thereafter until they are fully vested. Participants will also become fully vested in Company contributions and the earnings attributable to such contributions when they reach age 65, become permanently disabled or upon death while employed by the Company. RIL field hourly employees’ basic Company contributions and the match on the first $300 of participant contributions are immediately fully vested while the match on the next $800 of participant contributions follows the vesting schedule described above in this paragraph.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
29th percentile
$35.27 per participant in plan-paid administrative cost, cheaper than 71% of plans with 5,000+ participants.
What is Ryder System's 401(k) match formula?
Ryder System's 401(k) employer match tops out at 3% of pay. One rate up to one limit is the commonest of the four shapes a match formula takes.
| Match formula | 50% of the first 6% of pay |
|---|---|
| Maximum employer match | 3% of compensation |
| Paid in company stock | No, paid in cash or per your investment elections |
| Conditions | Company contributions require meeting certain requirements related to employment date, age and service hours; an employee must be employed on December 31 of the Plan year to receive the annual non-elective Company contribution; Cardinal Logistics acquired employees became eligible July 1, 2024 for a 50% Company match of contributions up to 2% of eligible pay |
| Current formula effective | January 1, 2016 |
| Other employer contribution | Non-elective Company contribution equal to 3% of eligible pay for salaried and non-salaried employees hired prior to January 1, 2016, made annually following the last day of the Plan year (new hires and re-hires are not eligible) |
| Other employer contribution | Annual non-elective basic contribution of $400 for RIL field hourly employees hired prior to January 1, 2016, whether or not the employee contributes |
| Other employer contribution | Discretionary matching contribution that may be based on the Company's attainment of specified performance goals; none was made for 2025 or 2024 |
At a $60,000 salary, contributing 6% ($3,600) earns the full employer match of $1,800 for the year.
What the filing says, word for word
“Salaried and non-salaried employees that were hired prior to January 1, 2016, other than field hourly employees of Ryder Integrated Logistics, Inc. (“RIL”), a wholly-owned subsidiary of the Company and other employee groups as described below, are eligible to receive: (a) non-elective Company contributions equal to 3% of eligible pay, even if employees do not make contributions to the Plan, and (b) a 50% Company match of participant contributions of up to 5% of eligible pay, subject to IRS limits upon meeting eligibility requirements. For field hourly employees hired by RIL prior to January 1, 2016, the Company will make a non-elective basic contribution of $400 on an annual basis whether or not the employee contributes to the Plan. If the employee contributes to the Plan, in addition to the basic contribution, the Company will match the first $300 at 100% and match the next $800 at 50%. On January 1, 2016, the Plan was amended for new hires and re-hires. Effective January 1, 2016, the matching contributions for these employees, regardless of position, shall equal 50% company match of participant contributions up to 6% of eligible pay (the “Match”), subject to IRS limits upon meeting eligibility requirements.”
Source: Form 11-K filed June 25, 2026, SEC EDGAR · SEC ↗
What did Ryder System's 401(k) match used to be?
Ryder System changed its 401(k) match on January 1, 2016. The formula in force now is 50% of the first 6% of pay.
| Since January 1, 2016 | 50% of the first 6% of pay |
|---|---|
| Before | Employees hired prior to January 1, 2016 (other than RIL field hourly employees) remain eligible for a 50% Company match of contributions up to 5% of eligible pay plus a 3% non-elective contribution; RIL field hourly employees hired before January 1, 2016 receive a $400 annual basic contribution plus a match of 100% on the first $300 and 50% on the next $800 contributed |
What is Ryder System's 401(k) vesting schedule?
Ryder System vests the employer match on a graded schedule: 25% after two years, rising to 100% after five. Each step is money that leaves with you that year, which is how a graded schedule differs from a cliff.
| Employer match vesting | Graded: 25% at 2 yr, 50% at 3 yr, 75% at 4 yr, 100% at 5 yr |
|---|---|
| Your own contributions | Immediate: always 100% yours |
| Accelerated vesting | Fully vested upon reaching age 65, becoming permanently disabled, or death while employed by the Company; also 100% vested upon Plan termination |
| Other employer contributions | RIL field hourly employees' basic Company contributions and the match on the first $300 of participant contributions are immediately fully vested; the match on the next $800 follows the graded schedule. Whiplash acquired employees' Company matching contributions vest 100% immediately. |
Vesting, word for word
“Participants are immediately vested in their contributions plus earnings thereon. Upon completion of two years of service, participants vest 25% in the Company contributions and the earnings attributable to such contributions and 25% upon completion of each year thereafter until they are fully vested. Participants will also become fully vested in Company contributions and the earnings attributable to such contributions when they reach age 65, become permanently disabled or upon death while employed by the Company. RIL field hourly employees’ basic Company contributions and the match on the first $300 of participant contributions are immediately fully vested while the match on the next $800 of participant contributions follows the vesting schedule described above in this paragraph.”
Source: Form 11-K filed June 25, 2026, SEC EDGAR · SEC ↗
Who can join Ryder System's 401(k), and is enrollment automatic?
Ryder System's filing does not mention automatic enrollment, which is not the same as the plan having none.
| Plan entry | In general, all employees on the U.S. payroll of Ryder System, Inc. and its subsidiaries that have adopted the Plan; newly hired employees are eligible as soon as administratively practicable after hire |
|---|---|
| Match eligibility | Company contributions are made if a participant meets certain requirements related to employment date, age and service hours |
| Excluded groups | Employees in a collective bargaining unit that has not negotiated coverage under the Plan; employees eligible under another Company-sponsored qualified savings plan; leased employees |
| Automatic enrollment | Not mentioned in the filing (not proof of absence) |
Eligibility, word for word
“In general, all employees on the United States (“U.S.”) payroll of Ryder System, Inc. and its subsidiaries (the “Company”) that have adopted the Plan are eligible to participate in the Plan. Newly hired employees are eligible to participate as soon as administratively practicable after hire. The following employees or classes of employees are not eligible to participate: (a) an employee who is in a unit of employees represented by a collective bargaining agent is excluded from participation in the Plan unless the unit has negotiated coverage under the Plan; (b) employees eligible to participate under another Company-sponsored qualified savings plan; and (c) leased employees.”
Source: Form 11-K filed June 25, 2026, SEC EDGAR · SEC ↗
What does the Ryder System plan report on Form 5500?
The Ryder System plan reported $2.3B in assets and 48,698 participants for plan year 2024.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
| Plan named in the DOL record | Ryder System, Inc. 401(k) Savings Plan |
|---|---|
| Total plan assets | $2,322,334,438 |
| Participants | 48,698 |
| Recordkeeper | Fidelity Investments |
| Plan-paid admin cost per participant | $35.27 |
How that cost compares
This plan pays $35.27 per participant. The median across plans in transportation and logistics is $95.71, from the 1,843 of 1,926 whose Form 5500 yields a per-participant cost.
The plan reports Fidelity Investments as its recordkeeper, one of 10,593 plans it runs in the data we publish. Of those, the 10,022 with a computable fee have a median plan-paid cost of $97.71 per participant.
Ryder System, Inc. 401(k) Savings Plan on its Form 5500 filing: fees, providers and financials
How does Ryder System's 401(k) match compare?
Ryder System's maximum 401(k) match of 3% of pay compares with a median of 4.5% across the 181 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, three file in transportation and logistics, two report the same recordkeeper and one vests on the same schedule.
Maximum match 3% of pay. Also in transportation and logistics.
Maximum match 3% of pay. Also in transportation and logistics.
Maximum match 3% of pay. Also in transportation and logistics.
Maximum match 3% of pay. Same recordkeeper, Fidelity Investments.
Maximum match 3.5% of pay. Same recordkeeper, Fidelity Investments.
Maximum match 3.6% of pay. Also fully vested after 5 years, like Ryder System.
What can you do next?
Check your own balance and contribution rate at Fidelity NetBenefits ↗, the recordkeeper this plan reports.
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 25, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
- Download this data (CSV)
Formula, vesting and source references for this company, one file.
Questions this filing answers
What is Ryder System's 401(k) match?
Ryder System matches 50% of employee contributions up to 6% of eligible pay (plan year ended December 31, 2025).
When does the Ryder System 401(k) match vest?
Graded: 25% at 2 yr, 50% at 3 yr, 75% at 4 yr, 100% at 5 yr.
Does Ryder System's 401(k) plan have automatic enrollment?
Not mentioned in the filing (not proof of absence).
Did Ryder System change its 401(k) match?
Yes. Employees hired prior to January 1, 2016 (other than RIL field hourly employees) remain eligible for a 50% Company match of contributions up to 5% of eligible pay plus a 3% non-elective contribution; RIL field hourly employees hired before January 1, 2016 receive a $400 annual basic contribution plus a match of 100% on the first $300 and 50% on the next $800 contributed The current terms took effect January 1, 2016.
Cite: 401(k) Monitor, “Ryder System 401(k) plan facts”, from SEC Form 11-K accession 0001628280-26-045456, plan year ended 2025-12-31.