LOGIX EMPLOYMENT SERVICES, INC. EMPLOYEE SAVINGS PLAN

Overview

Plan Contact

  • Address: 27918 FRANKLIN PARKWAY,VALENCIA,CA
  • Contact person: ANA FONSECA
  • Phone: (818) 565-2209

Plan General Information


At the end of 2022, the total retirement plan assets of LOGIX EMPLOYMENT SERVICES, INC. EMPLOYEE SAVINGS PLAN is $123,637,724.This plan was established in 1996.

At the end of 2022, the total number of retirement plan participants in LOGIX EMPLOYMENT SERVICES, INC. EMPLOYEE SAVINGS PLAN is 1023

In 2022, the average participant retirement account value for LOGIX EMPLOYMENT SERVICES, INC. EMPLOYEE SAVINGS PLAN is $120,857

In 2022, the estimated average employee contribution amount per participant for LOGIX EMPLOYMENT SERVICES, INC. EMPLOYEE SAVINGS PLAN is $7,086

In 2022, the estimated average employer match for an employee in LOGIX EMPLOYMENT SERVICES, INC. EMPLOYEE SAVINGS PLAN is approximately $6,163

In 2022, LOGIX EMPLOYMENT SERVICES, INC. EMPLOYEE SAVINGS PLAN allocates $6,305,002 to match its employees’ contributions, providing an employer match rate of 91.02% of their contributions

In 2022, the total retirement plan asset growth rate of LOGIX EMPLOYMENT SERVICES, INC. EMPLOYEE SAVINGS PLAN is -13.52%

In 2022, the estimated aggregate retirement account investment gain/loss for LOGIX EMPLOYMENT SERVICES, INC. EMPLOYEE SAVINGS PLAN is -15.93%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOGIX EMPLOYMENT SERVICES, INC. EMPLOYEE SAVINGS PLAN is 0.09%.

Enrollment Features

LOGIX EMPLOYMENT SERVICES, INC. EMPLOYEE SAVINGS 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.