Plan Snapshot
- Plan Sponsor: Xerox Corporation
- Sponsor EIN: 160468020
- Sponsor Address: 401 MERRITT 7, NORWALK, CT, 06851
- Plan Type: 401(k)
- Total Participants: 8,279
- Total Assets: $4.0B
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 | 8,279 | $4.0B | $16.5M | $65.8M |
| 2023 | 9,876 | $3.9B | $18.2M | $70.1M |
| 2022 | 10,291 | $3.6B | $18.4M | $74.0M |
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 |
|---|---|---|---|---|
| VOYA INSTITUTIONAL PLAN SERVICES | RECORDKEEPER | $907,800 | — | $907,800 |
| XEROX CORPORATION | EMPLOYER | $377,113 | — | $377,113 |
| STATE STREET BANK & TRUST | TRUSTEE | $367,231 | — | $367,231 |
| PRICEWATERHOUSECOOPERS LLP | NONE | $279,407 | — | $279,407 |
| ROCATON INVESTMENT ADVISORS, LLC | NONE | $234,781 | — | $234,781 |
| AON CONSULTING, INC | NONE | $38,996 | — | $38,996 |
| EVESTMENT ALLIANCE, LLC | NONE | $20,187 | — | $20,187 |
| MORGAN, LEWIS & BOCKIUS, LLP | NONE | $12,325 | — | $12,325 |
| COMMITTEE ON INVESTMENT OF EMPLOYEE | EMPLOYER | $8,370 | — | $8,370 |
| COVINGTON & BURLING | NONE | $5,447 | — | $5,447 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRICEWATERHOUSECOOPERS LLP — NONE
- AON CONSULTING, INC — NONE
- MORGAN, LEWIS & BOCKIUS, LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,251,657
- Estimated Expense Ratio: 0.057% 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 | $3,067,000 | $234,781 | $377,113 | $279,407 | — |
| 2023 | $2,810,000 | $281,261 | $362,651 | $269,168 | — |
| 2022 | $265,000 | — | — | — | $265,000 |