Plan Ledger DOL Form 5500 · updated monthly

Echo Global Logistics, Inc.401(k)

ECHO GLOBAL LOGISTICS 401(K) SAVINGS AND RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.24%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Echo Global Logistics, Inc. reported $440,915 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,406 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.26% to 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 338th-largest of 3,702 plans among Illinois employers on file, and the 149th of 2,677 in transportation & warehousing. In 2024, employees put in $5.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$199,258,670
Participants with balances3,173
Active participants2,566
Employer contributions$3,606,649
Employee contributions$18,052,139
Employer contribution per active participant$1,406
Average account balance$62,798
Benefits paid to participants$13,434,593
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$199.3M · 3,173 accts · $3.6M emplr
2023$162.3M · 3,222 accts · $3.6M emplr
2022$120.1M · 3,360 accts · $3.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$377,327
Investment management$63,588
Total administrative$440,915
The Echo Global Logistics, Inc. 401(k) match · 2024
Employer contribution per active participant$1,406
Median for plans this size$3,635
2024$1,406 per active participant
2023$1,354 per active participant
2022$1,244 per active participant

Echo Global Logistics, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$377,327
CREATIVE PLANNING, LLC · Investment advisory (plan)$63,588

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$440,915 · 0.24%
2023$373,294 · 0.26%
2022$330,758 · 0.26%
Same employer
Similar plansTransportation & Warehousing · Illinois
Univar Solutions USA Inc. IL$1.1B · 0.12%
Grand Trunk Corporation IL$767.3M · 0.08%
Aar Corp. IL$557.3M · 0.08%
Hub Group, Inc. IL$303.3M · 0.16%
Transdev North America, Inc. IL$160.1M · 0.21%
Nippon Express U.S.A, Inc IL$146.0M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205001120 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.