LOGISTICS AND ENVIRONMENTAL SOLUTIONS CORP. 401(K) RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of LOGISTICS AND ENVIRONMENTAL SOLUTIONS CORP. 401(K) RETIREMENT PLAN is $3,787,889.This plan was established in 1994.

At the end of 2022, the total number of retirement plan participants in LOGISTICS AND ENVIRONMENTAL SOLUTIONS CORP. 401(K) RETIREMENT PLAN is 287

In 2022, the average participant retirement account value for LOGISTICS AND ENVIRONMENTAL SOLUTIONS CORP. 401(K) RETIREMENT PLAN is $13,198

In 2022, the estimated average employee contribution amount per participant for LOGISTICS AND ENVIRONMENTAL SOLUTIONS CORP. 401(K) RETIREMENT PLAN is $421

In 2022, the estimated average employer match for an employee in LOGISTICS AND ENVIRONMENTAL SOLUTIONS CORP. 401(K) RETIREMENT PLAN is approximately $177

In 2022, LOGISTICS AND ENVIRONMENTAL SOLUTIONS CORP. 401(K) RETIREMENT PLAN allocates $51,014 to match its employees’ contributions, providing an employer match rate of 38.89% of their contributions

In 2022, the total retirement plan asset growth rate of LOGISTICS AND ENVIRONMENTAL SOLUTIONS CORP. 401(K) RETIREMENT PLAN is -20.64%

In 2022, the estimated aggregate retirement account investment gain/loss for LOGISTICS AND ENVIRONMENTAL SOLUTIONS CORP. 401(K) RETIREMENT PLAN is -19.33%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOGISTICS AND ENVIRONMENTAL SOLUTIONS CORP. 401(K) RETIREMENT PLAN is 1.21%.

Enrollment Features

LOGISTICS AND ENVIRONMENTAL SOLUTIONS CORP. 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.