Xpo Logistics, Inc. 401(k) Review & Grade
Xpo Logistics, Inc 401(k) Plan
Portland, ORTransportation & Warehousing17,292 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,763Employer $ per active participant
$3,930Employee $ saved per active participant
0.13%Direct admin cost, % of plan assets
$715.3MNet plan assets, end of year
$46,974Average balance per account
Score breakdown
- Employer generosity27.8 / 5056th percentile for employer $ per participant
- Low cost8.3 / 2533th percentile for low admin cost vs. same-size plans
- Employee saving8.0 / 1553th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score37 / 100 · Grade D
This plan vs. peers
Peers: Transportation & Warehousing plans with 10,000+ active participants (46 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 56th |
| Lower admin cost | 33th |
| Employee saving | 53th |
| Peers that auto-enroll | 30% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Xpo Logistics put in about $1,763 per active participant, more than the typical peer ($1,415). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.13% of assets) are well above similar-size plans (0.09%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $30,487,736 |
| Participant (employee) contributions | $67,958,959 |
| Other contributions (incl. rollovers in) | $10,167,322 |
| Administrative expenses paid from the plan | $868,932 |
| Contract administrator fees | $3,600 |
| Other admin expenses | $20,016 |
| Benefits paid out | $79,938,720 |
| Net assets, start / end of year | $602.1M / $715.3M |
| Active participants, start / end of year | 16,967 / 17,616 |
| Participants with account balances | 15,228 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | KBF Cpas -Audit,llp |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $830,316 reported compensation |
| Mercer US Inc | $20,016 reported compensation |
| KBF Cpas LLP | $15,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009141814NAL0011118576001, received 2025-10-09, EIN 03-0450326, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.