LOGICSOURCE, INC 401(K) PSP & TRUST
Overview
Plan Contact
- Address: 20 MARSHALL STREET,,NORWALK,CT
- Contact person: CHRISTINE SABATO
- Phone: (203) 354-7766
Plan General Information
At the end of 2022, the total retirement plan assets of LOGICSOURCE, INC 401(K) PSP & TRUST is $14,884,746.This plan was established in 2012.
At the end of 2022, the total number of retirement plan participants in LOGICSOURCE, INC 401(K) PSP & TRUST is 321
In 2022, the average participant retirement account value for LOGICSOURCE, INC 401(K) PSP & TRUST is $46,369
In 2022, the estimated average employee contribution amount per participant for LOGICSOURCE, INC 401(K) PSP & TRUST is $15,465
In 2022, the estimated average employer match for an employee in LOGICSOURCE, INC 401(K) PSP & TRUST is approximately $3,797
In 2022, LOGICSOURCE, INC 401(K) PSP & TRUST allocates $1,219,054 to match its employees’ contributions, providing an employer match rate of 49.11% of their contributions
In 2022, the total retirement plan asset growth rate of LOGICSOURCE, INC 401(K) PSP & TRUST is -0.75%
In 2022, the estimated aggregate retirement account investment gain/loss for LOGICSOURCE, INC 401(K) PSP & TRUST is -17.98%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LOGICSOURCE, INC 401(K) PSP & TRUST is 0.42%.
Enrollment Features
LOGICSOURCE, INC 401(K) PSP & TRUST has the following features:Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.