LOGICSOURCE, INC. 401(K) PROFIT SHARING PLAN & TRUST

At the end of 2021, the total retirement plan assets of LOGICSOURCE, INC. 401(K) PROFIT SHARING PLAN & TRUST is $14,996,525.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in LOGICSOURCE, INC. 401(K) PROFIT SHARING PLAN & TRUST is 252

In 2021, the average participant retirement account value for LOGICSOURCE, INC. 401(K) PROFIT SHARING PLAN & TRUST is $59,510

In 2021, the estimated average employee contribution amount per participant for LOGICSOURCE, INC. 401(K) PROFIT SHARING PLAN & TRUST is $5,929

In 2021, the estimated average employer match for an employee in LOGICSOURCE, INC. 401(K) PROFIT SHARING PLAN & TRUST is approximately $3,021

In 2021, LOGICSOURCE, INC. 401(K) PROFIT SHARING PLAN & TRUST allocates $761,484 to match its employees’ contributions, providing an employer match rate of 50.96% of their contributions

In 2021, the total retirement plan asset growth rate of LOGICSOURCE, INC. 401(K) PROFIT SHARING PLAN & TRUST is 21.68%

In 2021, the estimated aggregate retirement account investment gain/loss for LOGICSOURCE, INC. 401(K) PROFIT SHARING PLAN & TRUST is 14.81%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of LOGICSOURCE, INC. 401(K) PROFIT SHARING PLAN & TRUST is 0.25%.

Enrollment Features

LOGICSOURCE, INC. 401(K) PROFIT SHARING PLAN & TRUST 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.