Employers › GXO Logistics › plan 001
Recordkeeping fees per participant · GXO Logistics 401(k) Plan · plan year 2024
$69.93
Higher than 77% of the 1,697 plans $250M to 1B that report it.
= $846,157 / 12,100
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250924141119NAL0007654417001, received 2025-09-24
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250924141119NAL0007654417001, received 2025-09-24
Percentiles compare this plan with the Schedule H plans $250M to 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 2025-09-24.
Administrative expenses excluding investment management, per participant
$76.68
Higher than 60% of the 2,324 plans $250M to 1B that report it.
= $927,857 / 12,100
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250924141119NAL0007654417001, received 2025-09-24
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250924141119NAL0007654417001, received 2025-09-24
Administrative expenses per participant
$78.28
Higher than 43% of the 2,405 plans $250M to 1B that report it.
= $947,240 / 12,100
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250924141119NAL0007654417001, received 2025-09-24
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250924141119NAL0007654417001, received 2025-09-24
Administrative expenses as a share of assets
0.216%
Higher than 94% of the 2,407 plans $250M to 1B that report it.
= $947,240 / $438,252,752
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250924141119NAL0007654417001, received 2025-09-24
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250924141119NAL0007654417001, received 2025-09-24
Employer contributions per participant
$1,806
Higher than 22% of the 2,457 plans $250M to 1B that report it.
= $21,853,269 / 12,100
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250924141119NAL0007654417001, received 2025-09-24
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250924141119NAL0007654417001, received 2025-09-24
Employer share of total contributions
24.4%
Higher than 28% of the 2,459 plans $250M to 1B that report it.
= $21,853,269 / $89,679,466
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250924141119NAL0007654417001, received 2025-09-24
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250924141119NAL0007654417001, received 2025-09-24
96.4% 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 $0 ($78.28 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 2E profit-sharing · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250924141119NAL0007654417001, received 2025-09-24
| Field | Value | Source |
|---|---|---|
| Plan sponsor | GXO ENTERPRISE SERVICES, LLC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Plan name | GXO LOGISTICS 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Sponsor EIN / plan number | 86-2098312 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Sponsor location | GREENWICH, CT | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Industry (business code) | 493100, Transportation and warehousing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Filing received | 2025-09-24 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Participants, beginning of year | 21,900 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Active participants | 21,896 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Participants, end of year | 23,412 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Participants with an account balance | 12,100 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Total assets, beginning of year | $351,609,899 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Total assets, end of year | $438,252,752 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Net assets, end of year | $438,252,752 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Total income | $140,504,653 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Net income | $86,642,804 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Employer contributions | $21,853,269 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Participant contributions | $48,240,976 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Other contributions (incl. rollovers) | $19,585,221 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Total contributions | $89,679,466 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Benefit payments | $52,796,393 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Total expenses (incl. benefit payments) | $53,861,849 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Total administrative expenses | $947,240 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Contract administrator fees | $1,200 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Recordkeeping fees | $846,157 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| IQPA audit fees | $28,000 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Investment advisory and management fees | $19,383 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Administrative expenses excluding investment management | $927,857 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Held in master trusts | $422,393,511 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Held in mutual funds | $0 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250924141119NAL0007654417001, received 2025-09-24 |
| Independent auditor | KBF CPAS LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250924141119NAL0007654417001, received 2025-09-24 |
Position = column in the DOL layout for form year 2024. Filing 20250924141119NAL0007654417001, received 2025-09-24.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 15 Recordkeeping and information management; 21 Trustee (bank, trust company or similar); 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees | $846,157 | no |
| MMA SECURITIES LLC | INVESTMENT ADVISORY | 16 Consulting (general); 27 Investment advisory (plan) | $52,500 | no |
| KBF CPAS LLP | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $28,000 | no |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $19,383 | 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 20250924141119NAL0007654417001, received 2025-09-24.
GXO LOGISTICS DC PLAN MT (EIN 862098312, PN 003): plan interest $422,393,511, 100.0% of the trust. The trust's own filing (20250924141012NAL0007652577001, received 2025-09-24) reports net assets $422,393,511, administrative expenses $0, recordkeeping fees $0, investment management fees $0 and 1 Schedule C providers.
| Provider (trust level) | Service codes | Paid by the trust | Allocated to this plan |
|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | 60 | $0 | $0 |
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 | $351,609,899 | $438,252,752 | 24.6% |
| Participants with a balance | 11,034 | 12,100 | 9.7% |
| Administrative expenses | $683,182 | $947,240 | 38.7% |
| Recordkeeping fees per participant | $61.88 | $69.93 | 13.0% |
| Employer contributions | $18,553,833 | $21,853,269 | 17.8% |
Prior filing 20240731160534NAL0022638497001, received 2024-07-31; the plan years are contiguous.