LOGMEIN USA, INC. 401(K) PLAN

At the end of 2021, the total retirement plan assets of LOGMEIN USA, INC. 401(K) PLAN is $190,046,932.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in LOGMEIN USA, INC. 401(K) PLAN is 2476

In 2021, the average participant retirement account value for LOGMEIN USA, INC. 401(K) PLAN is $76,755

In 2021, the estimated average employee contribution amount per participant for LOGMEIN USA, INC. 401(K) PLAN is $6,826

In 2021, the estimated average employer match for an employee in LOGMEIN USA, INC. 401(K) PLAN is approximately $1,898

In 2021, LOGMEIN USA, INC. 401(K) PLAN allocates $4,701,746 to match its employees’ contributions, providing an employer match rate of 27.82% of their contributions

In 2021, the total retirement plan asset growth rate of LOGMEIN USA, INC. 401(K) PLAN is 12.50%

In 2021, the estimated aggregate retirement account investment gain/loss for LOGMEIN USA, INC. 401(K) PLAN is 15.85%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of LOGMEIN USA, INC. 401(K) PLAN is 0.18%.

Enrollment Features

LOGMEIN USA, INC. 401(K) 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.