LOGITECH 401(K) PLAN
Overview
Plan Contact
- Address: 3930 NORTH FIRST STREET,SAN JOSE,CA
- Contact person: JULIA MCCARREL
- Phone: (510) 795-8500
Plan General Information
At the end of 2022, the total retirement plan assets of LOGITECH 401(K) PLAN is $249,944,331.This plan was established in 1987.
At the end of 2022, the total number of retirement plan participants in LOGITECH 401(K) PLAN is 2089
In 2022, the average participant retirement account value for LOGITECH 401(K) PLAN is $119,647
In 2022, the estimated average employee contribution amount per participant for LOGITECH 401(K) PLAN is $9,942
In 2022, the estimated average employer match for an employee in LOGITECH 401(K) PLAN is approximately $3,368
In 2022, LOGITECH 401(K) PLAN allocates $7,036,421 to match its employees’ contributions, providing an employer match rate of 34.45% of their contributions
In 2022, the total retirement plan asset growth rate of LOGITECH 401(K) PLAN is -13.06%
In 2022, the estimated aggregate retirement account investment gain/loss for LOGITECH 401(K) PLAN is -17.83%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of LOGITECH 401(K) PLAN is 0.09%.
Enrollment Features
LOGITECH 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.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.