LOGISTICS SYSTEMS, INC. 401(K) PLAN

At the end of 2022, the total retirement plan assets of LOGISTICS SYSTEMS, INC. 401(K) PLAN is $3,612,267.This plan was established in 2004.

At the end of 2022, the total number of retirement plan participants in LOGISTICS SYSTEMS, INC. 401(K) PLAN is 117

In 2022, the average participant retirement account value for LOGISTICS SYSTEMS, INC. 401(K) PLAN is $30,874

In 2022, the estimated average employee contribution amount per participant for LOGISTICS SYSTEMS, INC. 401(K) PLAN is $2,277

In 2022, the estimated average employer match for an employee in LOGISTICS SYSTEMS, INC. 401(K) PLAN is approximately $684

In 2022, LOGISTICS SYSTEMS, INC. 401(K) PLAN allocates $80,132 to match its employees’ contributions, providing an employer match rate of 30.07% of their contributions

In 2022, the total retirement plan asset growth rate of LOGISTICS SYSTEMS, INC. 401(K) PLAN is -28.70%

In 2022, the estimated aggregate retirement account investment gain/loss for LOGISTICS SYSTEMS, INC. 401(K) PLAN is -15.30%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOGISTICS SYSTEMS, INC. 401(K) PLAN is 0.79%.

Enrollment Features

LOGISTICS SYSTEMS, INC. 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.