LOGAN CORPORATION AND AFFILIATES PROFIT SHARING AND 401(K) PLAN

Overview

Plan Contact

  • Address: 1126 20TH STREET,HUNTINGTON,WV
  • Contact person: KYLE COX
  • Phone: (304) 759-4800

Plan General Information


At the end of 2022, the total retirement plan assets of LOGAN CORPORATION AND AFFILIATES PROFIT SHARING AND 401(K) PLAN is $5,645,568.This plan was established in 1970.

At the end of 2022, the total number of retirement plan participants in LOGAN CORPORATION AND AFFILIATES PROFIT SHARING AND 401(K) PLAN is 129

In 2022, the average participant retirement account value for LOGAN CORPORATION AND AFFILIATES PROFIT SHARING AND 401(K) PLAN is $43,764

In 2022, the estimated average employee contribution amount per participant for LOGAN CORPORATION AND AFFILIATES PROFIT SHARING AND 401(K) PLAN is $1,278

In 2022, the estimated average employer match for an employee in LOGAN CORPORATION AND AFFILIATES PROFIT SHARING AND 401(K) PLAN is approximately $1,262

In 2022, LOGAN CORPORATION AND AFFILIATES PROFIT SHARING AND 401(K) PLAN allocates $162,906 to match its employees’ contributions, providing an employer match rate of 92.04% of their contributions

In 2022, the total retirement plan asset growth rate of LOGAN CORPORATION AND AFFILIATES PROFIT SHARING AND 401(K) PLAN is -13.77%

In 2022, the estimated aggregate retirement account investment gain/loss for LOGAN CORPORATION AND AFFILIATES PROFIT SHARING AND 401(K) PLAN is -16.04%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOGAN CORPORATION AND AFFILIATES PROFIT SHARING AND 401(K) PLAN is 0.07%.

Enrollment Features

LOGAN CORPORATION AND AFFILIATES PROFIT SHARING AND 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.