Xpress Global Systems, LLC 401(k) Review & Grade
XGS, LLC 401(k) Plan
Tunnel Hill, GATransportation & Warehousing818 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$605Employer $ per active participant
$1,521Employee $ saved per active participant
0.25%Direct admin cost, % of plan assets
$7.2MNet plan assets, end of year
$9,228Average balance per account
Score breakdown
- Employer generosity15.9 / 5032th percentile for employer $ per participant
- Low cost11.9 / 2548th percentile for low admin cost vs. same-size plans
- Employee saving3.4 / 1523th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score31 / 100 · Grade D
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 32th |
| Lower admin cost | 48th |
| Employee saving | 23th |
| Peers that auto-enroll | 37% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $36,425 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Xpress Global Systems put in about $605 per active participant, below the typical peer ($1,070). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- 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 | $495,250 |
| Participant (employee) contributions | $1,244,766 |
| Other contributions (incl. rollovers in) | $168,431 |
| Administrative expenses paid from the plan | $16,232 |
| Contract administrator fees | $11,850 |
| Investment advisory & management fees | $882 |
| Other admin expenses | $3,500 |
| Benefits paid out | $1,219,283 |
| Net assets, start / end of year | $5.9M / $7.2M |
| Active participants, start / end of year | 866 / 771 |
| Participants with account balances | 785 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Jason Underwood CPA, PLLC |
Largest service providers (Schedule C)
| Voya Retirement Insurance & Annuity | $15,799 reported compensation |
| Onedigital Investment Advisors | $14,804 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013093014NAL0002325282001, received 2025-10-13, EIN 62-1261869, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.