LOGISTICS PLUS 401(K) PROFIT SHARING PLAN

Overview

Plan Contact

  • Address: 1406 PEACH STREET,ERIE,PA
  • Phone: (814) 461-7604

Plan General Information


At the end of 2022, the total retirement plan assets of LOGISTICS PLUS 401(K) PROFIT SHARING PLAN is $9,887,297.This plan was established in 2012.

At the end of 2022, the total number of retirement plan participants in LOGISTICS PLUS 401(K) PROFIT SHARING PLAN is 430

In 2022, the average participant retirement account value for LOGISTICS PLUS 401(K) PROFIT SHARING PLAN is $22,993

In 2022, the estimated average employee contribution amount per participant for LOGISTICS PLUS 401(K) PROFIT SHARING PLAN is $4,361

In 2022, the estimated average employer match for an employee in LOGISTICS PLUS 401(K) PROFIT SHARING PLAN is approximately $2,074

In 2022, LOGISTICS PLUS 401(K) PROFIT SHARING PLAN allocates $891,836 to match its employees’ contributions, providing an employer match rate of 52.83% of their contributions

In 2022, the total retirement plan asset growth rate of LOGISTICS PLUS 401(K) PROFIT SHARING PLAN is 3.01%

In 2022, the estimated aggregate retirement account investment gain/loss for LOGISTICS PLUS 401(K) PROFIT SHARING PLAN is -17.28%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOGISTICS PLUS 401(K) PROFIT SHARING PLAN is 0.95%.

Enrollment Features

LOGISTICS PLUS 401(K) PROFIT SHARING PLAN 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.