Plan Snapshot
- Plan Sponsor: Gxo Enterprise Services, LLC
- Sponsor EIN: 862098312
- Sponsor Address: TWO AMERICAN LANE, GREENWICH, CT, 06831
- Plan Type: 401(k)
- Total Participants: 21,896
- Total Assets: $438.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 21,896 | $438.3M | $21.9M | $48.2M |
| 2023 | 20,510 | $351.6M | $18.6M | $42.1M |
| 2022 | 22,424 | $230.0M | $16.0M | $39.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $846,157 | — | $846,157 |
| MMA SECURITIES LLC | INVESTMENT ADVISORY | $52,500 | — | $52,500 |
| KBF CPAS LLP | ACCOUNTANT/AUDITOR | $28,000 | — | $28,000 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $19,383 | — | $19,383 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- MMA SECURITIES LLC — INVESTMENT ADVISORY
- KBF CPAS LLP — ACCOUNTANT/AUDITOR
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $946,040
- Estimated Expense Ratio: 0.216% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $947,240 | $19,383 | $1,200 | $28,000 | — |
| 2023 | $683,182 | $77 | $300 | — | — |
| 2022 | $565,921 | — | — | — | — |