Plan Ledger DOL Form 5500 · updated monthly

Gxo Enterprise Services, LLC401(k)

GXO LOGISTICS 401(K) PLAN · GREENWICH, CT · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Gxo Enterprise Services, LLC reported $947,240 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~90% of peers. Employer contributions averaged $998 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 3 years on file its reported administrative ratio has held roughly steady near 0.240%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 60th-largest of 1,106 plans among Connecticut employers on file, and the 86th of 2,677 in transportation & warehousing. In 2024, employees put in $2.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$438,252,752
Participants with balances12,100
Active participants21,896
Employer contributions$21,853,269
Employee contributions$48,240,976
Employer contribution per active participant$998
Average account balance$36,219
Benefits paid to participants$52,796,393
Plan auditUnmodified (clean) audit opinion
AuditorKBF CPAS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$438.3M · 12,100 accts · $21.9M emplr
2023$351.6M · 11,034 accts · $18.6M emplr
2022$230.0M · 10,799 accts · $16.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$847,357
Investment management$19,383
Audit (IQPA)$28,000
Total administrative$947,240
The Gxo Enterprise Services, LLC 401(k) match · 2024
Employer contribution per active participant$998
Median for plans this size$4,294
2024$998 per active participant
2023$905 per active participant
2022$713 per active participant

Gxo Enterprise Services, LLC's 2024 employer contribution ran below the $4,294 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Recordkeeping · Trustee$846,157
MMA SECURITIES LLC · Consulting · Investment advisory (plan)$52,500
KBF CPAS LLP · Accounting / audit$28,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$19,383

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

Recordkeeper by year2
2024Fidelity
2023Fidelity

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Administrative cost history3
2024$947,240 · 0.24%
2023$683,182 · 0.23%
2022$565,921 · 0.24%
All plans at this employer2
GXO LOGISTICS 401(K) PLAN401(k)
GXO LOGISTICS RETIREMENT SAVINGS PLAN401(k)
Similar plansTransportation & Warehousing · Connecticut
R&L Carriers, Inc. OH$472.4M · 0.12%
Schenker, Inc VA$464.9M · 0.22%
Doordash, Inc. CA$438.7M · 0.12%
Phi Group, Inc. LA$426.9M · 0.08%
Annett Holdings, Inc. IA$418.5M · 0.00%
Crowley Holdings Inc. FL$410.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 862098312 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.