LOGICMONITOR 401(K) PLAN

At the end of 2022, the total retirement plan assets of LOGICMONITOR 401(K) PLAN is $18,808,294.This plan was established in 2015.

At the end of 2022, the total number of retirement plan participants in LOGICMONITOR 401(K) PLAN is 550

In 2022, the average participant retirement account value for LOGICMONITOR 401(K) PLAN is $34,196

In 2022, the estimated average employee contribution amount per participant for LOGICMONITOR 401(K) PLAN is $11,822

In 2022, the estimated average employer match for an employee in LOGICMONITOR 401(K) PLAN is approximately $2,525

In 2022, LOGICMONITOR 401(K) PLAN allocates $1,388,766 to match its employees’ contributions, providing an employer match rate of 23.92% of their contributions

In 2022, the total retirement plan asset growth rate of LOGICMONITOR 401(K) PLAN is 29.62%

In 2022, the estimated aggregate retirement account investment gain/loss for LOGICMONITOR 401(K) PLAN is -16.14%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOGICMONITOR 401(K) PLAN is 0.40%.

Enrollment Features

LOGICMONITOR 401(K) 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.