Plan Ledger DOL Form 5500 · updated monthly

U.S. Xpress Enterprises, Inc.401(k)

XPRESSAVINGS 401(K) PLAN · CHATTANOOGA, TN · plan year 2023

Reported admin expense ratio · 2023
0.42%

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

U.S. Xpress Enterprises, Inc. reported $459,831 in plan administrative expenses for 2023: 0.42% of average plan assets, higher than ~90% of peers. Employer contributions averaged $528 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 1 year on file its reported administrative ratio rose from 0.40% to 0.42%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 145th-largest of 1,496 plans among Tennessee employers on file, and the 214th of 2,677 in transportation & warehousing. In 2023, employees put in $4.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$117,495,306
Participants with balances5,112
Active participants6,927
Employer contributions$3,658,330
Employee contributions$15,113,308
Employer contribution per active participant$528
Average account balance$22,984
Benefits paid to participants$18,731,999
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$117.5M · 5,112 accts · $3.7M emplr
2022$100.2M · 5,270 accts · $4.4M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$365,363
Investment management$73,568
Audit (IQPA)$20,900
Total administrative$459,831
The U.S. Xpress Enterprises, Inc. 401(k) match · 2023
Employer contribution per active participant$528
Median for plans this size$3,659
2023$528 per active participant
2022$603 per active participant

U.S. Xpress Enterprises, Inc.'s 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$365,669
MORGAN STANLEY & CO, LLC · Consulting$73,568
LBMC, PC · Accounting / audit$19,394

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024Not separately reported
2023$459,831 · 0.42%
2022$418,101 · 0.40%
Same employer
Similar plansTransportation & Warehousing · Tennessee
Geodis Logistics, LLC TN$341.3M · 0.31%
Transcore, LP TN$230.2M · 0.07%
Forward Air Corporation TN$128.5M · 0.29%
Big G Holdings, Inc. TN$88.5M · 0.09%
Covenant Transport, Inc. TN$85.1M · 0.29%
Imc Companies, LLC TN$62.0M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621378182 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.