LOGICAL INNOVATIONS, INC. RETIREMENT SAVINGS PLAN

Overview

Plan Contact

  • Address: 16902 EL CAMINO REAL SUITE 3C,HOUSTON,TX
  • Contact person: MICHAEL NAVARRO
  • Phone: (281) 990-8560

Plan General Information


At the end of 2021, the total retirement plan assets of LOGICAL INNOVATIONS, INC. RETIREMENT SAVINGS PLAN is $5,884,019.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in LOGICAL INNOVATIONS, INC. RETIREMENT SAVINGS PLAN is 280

In 2021, the average participant retirement account value for LOGICAL INNOVATIONS, INC. RETIREMENT SAVINGS PLAN is $21,014

In 2021, the estimated average employee contribution amount per participant for LOGICAL INNOVATIONS, INC. RETIREMENT SAVINGS PLAN is $3,178

In 2021, the estimated average employer match for an employee in LOGICAL INNOVATIONS, INC. RETIREMENT SAVINGS PLAN is approximately $931

In 2021, LOGICAL INNOVATIONS, INC. RETIREMENT SAVINGS PLAN allocates $260,905 to match its employees’ contributions, providing an employer match rate of 29.32% of their contributions

In 2021, the total retirement plan asset growth rate of LOGICAL INNOVATIONS, INC. RETIREMENT SAVINGS PLAN is 24.63%

In 2021, the estimated aggregate retirement account investment gain/loss for LOGICAL INNOVATIONS, INC. RETIREMENT SAVINGS PLAN is 12.66%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of LOGICAL INNOVATIONS, INC. RETIREMENT SAVINGS PLAN is 0.38%.

Enrollment Features

LOGICAL INNOVATIONS, INC. RETIREMENT SAVINGS 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.