LOGICORE CORPORATION 401(K) PLAN

Overview

Plan Contact

  • Address: 100 CHURCH STREET, STE. 100,HUNTSVILLE,AL
  • Contact person: MIRANDA FROST
  • Phone: (256) 533-5789

Plan General Information


At the end of 2021, the total retirement plan assets of LOGICORE CORPORATION 401(K) PLAN is $5,712,284.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in LOGICORE CORPORATION 401(K) PLAN is 111

In 2021, the average participant retirement account value for LOGICORE CORPORATION 401(K) PLAN is $51,462

In 2021, the estimated average employee contribution amount per participant for LOGICORE CORPORATION 401(K) PLAN is $1,150

In 2021, the estimated average employer match for an employee in LOGICORE CORPORATION 401(K) PLAN is approximately $612

In 2021, LOGICORE CORPORATION 401(K) PLAN allocates $68,000 to match its employees’ contributions, providing an employer match rate of 53.27% of their contributions

In 2021, the total retirement plan asset growth rate of LOGICORE CORPORATION 401(K) PLAN is 6.42%

In 2021, the estimated aggregate retirement account investment gain/loss for LOGICORE CORPORATION 401(K) PLAN is 15.06%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of LOGICORE CORPORATION 401(K) PLAN is 0.06%.

Enrollment Features

LOGICORE CORPORATION 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.