Plan Ledger DOL Form 5500 · updated monthly

Xpo Logistics, Inc.401(k)

XPO LOGISTICS, INC 401(K) PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Xpo Logistics, Inc. reported $868,932 in plan administrative expenses for 2024: 0.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,731 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 0.18% to 0.13%. 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 19th-largest of 1,021 plans among Oregon employers on file, and the 58th of 2,677 in transportation & warehousing. In 2024, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$715,317,603
Participants with balances15,228
Active participants17,616
Employer contributions$30,487,736
Employee contributions$67,958,959
Employer contribution per active participant$1,731
Average account balance$46,974
Benefits paid to participants$79,938,720
Plan auditUnmodified (clean) audit opinion
AuditorKBF CPAS -AUDIT,LLP
Plan history3
Yearassets · accounts · employer contribution
2024$715.3M · 15,228 accts · $30.5M emplr
2023$602.1M · 14,896 accts · $26.6M emplr
2022$488.0M · 14,795 accts · $30.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$833,916
Audit (IQPA)$15,000
Total administrative$868,932
The Xpo Logistics, Inc. 401(k) match · 2024
Employer contribution per active participant$1,731
Median for plans this size$4,294
2024$1,731 per active participant
2023$1,570 per active participant
2022$1,863 per active participant

Xpo Logistics, Inc.'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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$830,316
MERCER US INC · Investment advisory (plan)$20,016
KBF CPAS LLP · Accounting / audit$15,000

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$868,932 · 0.13%
2023$894,478 · 0.16%
2022$1,056,281 · 0.18%
Similar plansTransportation & Warehousing · Oregon
Xpo Cnw, Inc. OR$1.9B · 0.02%
Averitt Express, Inc. TN$775.2M · 0.13%
Grand Trunk Corporation IL$767.3M · 0.08%
Envoy Air Inc. TX$744.1M · 0.20%
Hawaiian Airlines Inc. HI$695.6M · 0.01%
Saia Motor Freight Line, LLC GA$669.8M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030450326 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.