LOGS LEGAL NETWORK 401(K) PLAN

Overview

Plan Contact

  • Address: 2121 WAUKEGAN ROAD SUITE 300,BANNOCKBURN,IL
  • Contact person: ROBYN ELKO
  • Phone: (813) 261-0447

Plan General Information


At the end of 2022, the total retirement plan assets of LOGS LEGAL NETWORK 401(K) PLAN is $34,914,837.This plan was established in 1997.

At the end of 2022, the total number of retirement plan participants in LOGS LEGAL NETWORK 401(K) PLAN is 621

In 2022, the average participant retirement account value for LOGS LEGAL NETWORK 401(K) PLAN is $56,223

In 2022, the estimated average employee contribution amount per participant for LOGS LEGAL NETWORK 401(K) PLAN is $2,198

In 2022, the estimated average employer match for an employee in LOGS LEGAL NETWORK 401(K) PLAN is approximately $209

In 2022, LOGS LEGAL NETWORK 401(K) PLAN allocates $129,798 to match its employees’ contributions, providing an employer match rate of 9.18% of their contributions

In 2022, the total retirement plan asset growth rate of LOGS LEGAL NETWORK 401(K) PLAN is -20.42%

In 2022, the estimated aggregate retirement account investment gain/loss for LOGS LEGAL NETWORK 401(K) PLAN is -18.05%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of LOGS LEGAL NETWORK 401(K) PLAN is 0.38%.

Enrollment Features

LOGS LEGAL NETWORK 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.