LOGICWORKS 401(K) PLAN

At the end of 2022, the total retirement plan assets of LOGICWORKS 401(K) PLAN is $15,801,436.This plan was established in 1996.

At the end of 2022, the total number of retirement plan participants in LOGICWORKS 401(K) PLAN is 231

In 2022, the average participant retirement account value for LOGICWORKS 401(K) PLAN is $68,404

In 2022, the estimated average employee contribution amount per participant for LOGICWORKS 401(K) PLAN is $7,452

In 2022, the estimated average employer match for an employee in LOGICWORKS 401(K) PLAN is approximately $3,504

In 2022, LOGICWORKS 401(K) PLAN allocates $809,546 to match its employees’ contributions, providing an employer match rate of 47.75% of their contributions

In 2022, the total retirement plan asset growth rate of LOGICWORKS 401(K) PLAN is -3.08%

In 2022, the estimated aggregate retirement account investment gain/loss for LOGICWORKS 401(K) PLAN is -16.88%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOGICWORKS 401(K) PLAN is 0.20%.

Enrollment Features

LOGICWORKS 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.