LOGIC INFORMATION SYSTEMS 401(K) PLAN

At the end of 2022, the total retirement plan assets of LOGIC INFORMATION SYSTEMS 401(K) PLAN is $8,558,176.This plan was established in 2014.

At the end of 2022, the total number of retirement plan participants in LOGIC INFORMATION SYSTEMS 401(K) PLAN is 150

In 2022, the average participant retirement account value for LOGIC INFORMATION SYSTEMS 401(K) PLAN is $57,054

In 2022, the estimated average employee contribution amount per participant for LOGIC INFORMATION SYSTEMS 401(K) PLAN is $6,376

In 2022, the estimated average employer match for an employee in LOGIC INFORMATION SYSTEMS 401(K) PLAN is approximately $1,548

In 2022, LOGIC INFORMATION SYSTEMS 401(K) PLAN allocates $232,229 to match its employees’ contributions, providing an employer match rate of 24.44% of their contributions

In 2022, the total retirement plan asset growth rate of LOGIC INFORMATION SYSTEMS 401(K) PLAN is -11.54%

In 2022, the estimated aggregate retirement account investment gain/loss for LOGIC INFORMATION SYSTEMS 401(K) PLAN is -18.29%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOGIC INFORMATION SYSTEMS 401(K) PLAN is 0.30%.

Enrollment Features

LOGIC INFORMATION SYSTEMS 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.