Xpo CNW, Inc. 401(k) Review & Grade
Xpo Logistics Retirement Savings Plan
Portland, ORTransportation & Warehousing5,496 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,966Employer $ per active participant
$8,841Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$1.9BNet plan assets, end of year
$234,396Average balance per account
Score breakdown
- Employer generosity41.0 / 5082th percentile for employer $ per participant
- Low cost23.4 / 2594th percentile for low admin cost vs. same-size plans
- Employee saving12.8 / 1585th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score77 / 100 · Grade A
This plan vs. peers
Peers: Transportation & Warehousing plans with 2,500–9,999 active participants (123 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 82th |
| Lower admin cost | 94th |
| Employee saving | 85th |
| Peers that auto-enroll | 46% |
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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 CNW put in about $4,966 per active participant, more than the typical peer ($1,834). 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.
- 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $27,296,615 |
| Participant (employee) contributions | $48,593,488 |
| Other contributions (incl. rollovers in) | $2,414,924 |
| Administrative expenses paid from the plan | $397,875 |
| Contract administrator fees | $5,100 |
| Investment advisory & management fees | $62,245 |
| Benefits paid out | $239,144,311 |
| Net assets, start / end of year | $1.8B / $1.9B |
| Active participants, start / end of year | 5,689 / 5,304 |
| Participants with account balances | 8,056 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | KBF Cpas -Audit, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $330,530 reported compensation |
| Mercer US Inc | $62,245 reported compensation |
| Qdro Consultants | $5,100 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009141940NAL0015760994001, received 2025-10-09, EIN 94-1444798, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.