LOGIXHEALTH, INC 401K PLAN

Overview

Plan Contact

  • Address: 8 OAK PARK DR,BEDFORD,MA
  • Contact person: WEI BI
  • Phone: (781) 280-1644

Plan General Information


At the end of 2022, the total retirement plan assets of LOGIXHEALTH, INC 401K PLAN is $13,239,736.This plan was established in 2013.

At the end of 2022, the total number of retirement plan participants in LOGIXHEALTH, INC 401K PLAN is 394

In 2022, the average participant retirement account value for LOGIXHEALTH, INC 401K PLAN is $33,603

In 2022, the estimated average employee contribution amount per participant for LOGIXHEALTH, INC 401K PLAN is $3,853

In 2022, the estimated average employer match for an employee in LOGIXHEALTH, INC 401K PLAN is approximately $1,824

In 2022, LOGIXHEALTH, INC 401K PLAN allocates $718,736 to match its employees’ contributions, providing an employer match rate of 47.71% of their contributions

In 2022, the total retirement plan asset growth rate of LOGIXHEALTH, INC 401K PLAN is -7.70%

In 2022, the estimated aggregate retirement account investment gain/loss for LOGIXHEALTH, INC 401K PLAN is -16.56%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOGIXHEALTH, INC 401K PLAN is 0.63%.

Enrollment Features

LOGIXHEALTH, INC 401K 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.