LOGICALIS, INC. 401(K) PROFIT SHARING PLAN

At the end of 2022, the total retirement plan assets of LOGICALIS, INC. 401(K) PROFIT SHARING PLAN is $100,019,896.This plan was established in 1994.

At the end of 2022, the total number of retirement plan participants in LOGICALIS, INC. 401(K) PROFIT SHARING PLAN is 993

In 2022, the average participant retirement account value for LOGICALIS, INC. 401(K) PROFIT SHARING PLAN is $100,724

In 2022, the estimated average employee contribution amount per participant for LOGICALIS, INC. 401(K) PROFIT SHARING PLAN is $5,649

In 2022, the estimated average employer match for an employee in LOGICALIS, INC. 401(K) PROFIT SHARING PLAN is approximately $2,325

In 2022, LOGICALIS, INC. 401(K) PROFIT SHARING PLAN allocates $2,308,796 to match its employees’ contributions, providing an employer match rate of 41.09% of their contributions

In 2022, the total retirement plan asset growth rate of LOGICALIS, INC. 401(K) PROFIT SHARING PLAN is -16.82%

In 2022, the estimated aggregate retirement account investment gain/loss for LOGICALIS, INC. 401(K) PROFIT SHARING PLAN is -16.74%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOGICALIS, INC. 401(K) PROFIT SHARING PLAN is 0.42%.

Enrollment Features

LOGICALIS, INC. 401(K) PROFIT SHARING PLAN 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.