Employers › Xerox › plan 334
Recordkeeping fees per participant · Xerox Corporation Savings Plan · plan year 2024
$48.42
Higher than 80% of the 790 plans over $1B that report it.
= $907,800 / 18,748
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015170746NAL0010779746001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015170746NAL0010779746001, received 2025-10-15
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-15.
Administrative expenses excluding investment management, per participant
$151.07
Higher than 97% of the 1,045 plans over $1B that report it.
= $2,832,219 / 18,748
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015170746NAL0010779746001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015170746NAL0010779746001, received 2025-10-15
Administrative expenses per participant
$163.59
Higher than 88% of the 1,076 plans over $1B that report it.
= $3,067,000 / 18,748
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015170746NAL0010779746001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015170746NAL0010779746001, received 2025-10-15
Administrative expenses as a share of assets
0.077%
Higher than 76% of the 1,076 plans over $1B that report it.
= $3,067,000 / $3,976,943,000
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015170746NAL0010779746001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015170746NAL0010779746001, received 2025-10-15
Employer contributions per participant
$881
Higher than 4% of the 1,135 plans over $1B that report it.
= $16,515,000 / 18,748
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015170746NAL0010779746001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015170746NAL0010779746001, received 2025-10-15
Employer share of total contributions
18.5%
Higher than 8% of the 1,135 plans over $1B that report it.
= $16,515,000 / $89,412,000
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015170746NAL0010779746001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015170746NAL0010779746001, received 2025-10-15
99.1% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $2,591,494 ($301.82 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3J · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015170746NAL0010779746001, received 2025-10-15
| Field | Value | Source |
|---|---|---|
| Plan sponsor | XEROX CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Plan name | XEROX CORPORATION SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Sponsor EIN / plan number | 16-0468020 / 334 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Sponsor location | NORWALK, CT | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Industry (business code) | 334110, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Participants, beginning of year | 22,273 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Active participants | 8,279 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Participants, end of year | 20,394 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Participants with an account balance | 18,748 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Total assets, beginning of year | $3,948,866,000 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Total assets, end of year | $3,976,943,000 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Net assets, end of year | $3,976,943,000 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Total income | $552,202,000 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Net income | $28,080,000 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Employer contributions | $16,515,000 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Participant contributions | $65,767,000 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Other contributions (incl. rollovers) | $7,130,000 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Total contributions | $89,412,000 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Benefit payments | $521,055,000 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $524,122,000 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Total administrative expenses | $3,067,000 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Contract administrator fees | $377,113 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Recordkeeping fees | $907,800 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| IQPA audit fees | $279,407 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Investment advisory and management fees | $234,781 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Administrative expenses excluding investment management | $2,832,219 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Held in master trusts | $3,942,606,000 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251015170746NAL0010779746001, received 2025-10-15 |
| Independent auditor | PRICEWATERHOUSECOOPERS LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015170746NAL0010779746001, received 2025-10-15 |
Position = column in the DOL layout for form year 2024. Filing 20251015170746NAL0010779746001, received 2025-10-15.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| VOYA INSTITUTIONAL PLAN SERVICESrecordkeeper | RECORDKEEPER | 15 Recordkeeping and information management | $907,800 | no |
| XEROX CORPORATION | EMPLOYER | 13 Contract administrator | $377,113 | no |
| STATE STREET BANK & TRUST | TRUSTEE | 25 Trustee (directed) | $367,231 | no |
| PRICEWATERHOUSECOOPERS LLP | NONE | 10 Accounting (including auditing) | $279,407 | no |
| ROCATON INVESTMENT ADVISORS, LLC | NONE | 27 Investment advisory (plan) | $234,781 | no |
| AON CONSULTING, INC | NONE | 10 Accounting (including auditing) | $38,996 | no |
| EVESTMENT ALLIANCE, LLC | NONE | 16 Consulting (general) | $20,187 | no |
| MORGAN, LEWIS & BOCKIUS, LLP | NONE | 29 Legal | $12,325 | no |
| COMMITTEE ON INVESTMENT OF EMPLOYEE | EMPLOYER | 30 Employee (plan) | $8,370 | no |
| COVINGTON & BURLING | NONE | 29 Legal | $5,447 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251015170746NAL0010779746001, received 2025-10-15.
XEROX DEFINED CONTRIBUTION PLAN TRU (EIN 933664702, PN 016): plan interest $3,942,606,000, 97.5% of the trust. The trust's own filing (20251015174932NAL0005572465001, received 2025-10-15) reports net assets $4,044,108,284, administrative expenses $2,658,212, recordkeeping fees not reported, investment management fees $2,658,212 and 6 Schedule C providers.
| Provider (trust level) | Service codes | Paid by the trust | Allocated to this plan |
|---|---|---|---|
| T ROWE PRICE | 51 | $776,458 | $756,970 |
| LSV ASSET MANAGEMENT | 51 | $725,826 | $707,609 |
| MFS HERITAGE TRUST COMPANY | 51 | $625,891 | $610,182 |
| STATE STREET GLOBAL ADVISORS | 51 | $255,871 | $249,449 |
| BLACKROCK INSTITUTIONAL TRUST | 51 | $181,622 | $177,064 |
| VOYA INVESTMENT TRUST CO. | 51 | $92,543 | $90,220 |
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $3,948,866,000 | $3,976,943,000 | 0.7% |
| Participants with a balance | 20,333 | 18,748 | -7.8% |
| Administrative expenses | $2,810,000 | $3,067,000 | 9.1% |
| Recordkeeping fees per participant | $41.55 | $48.42 | 16.5% |
| Employer contributions | $18,178,000 | $16,515,000 | -9.1% |
Prior filing 20241014144343NAL0013468291001, received 2024-10-14; the plan years are contiguous.