LOGISTEC USA INC. 401(K) RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of LOGISTEC USA INC. 401(K) RETIREMENT PLAN is $10,929,166.This plan was established in 1996.

At the end of 2022, the total number of retirement plan participants in LOGISTEC USA INC. 401(K) RETIREMENT PLAN is 175

In 2022, the average participant retirement account value for LOGISTEC USA INC. 401(K) RETIREMENT PLAN is $62,452

In 2022, the estimated average employee contribution amount per participant for LOGISTEC USA INC. 401(K) RETIREMENT PLAN is $3,369

In 2022, the estimated average employer match for an employee in LOGISTEC USA INC. 401(K) RETIREMENT PLAN is approximately $2,500

In 2022, LOGISTEC USA INC. 401(K) RETIREMENT PLAN allocates $437,662 to match its employees’ contributions, providing an employer match rate of 74.64% of their contributions

In 2022, the total retirement plan asset growth rate of LOGISTEC USA INC. 401(K) RETIREMENT PLAN is -28.08%

In 2022, the estimated aggregate retirement account investment gain/loss for LOGISTEC USA INC. 401(K) RETIREMENT PLAN is -17.01%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOGISTEC USA INC. 401(K) RETIREMENT PLAN is 0.48%.

Enrollment Features

LOGISTEC USA INC. 401(K) RETIREMENT 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.