Plan Ledger DOL Form 5500 · updated monthly

Logicmanager Inc.401(k)

LOGICMANAGER 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.20%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Logicmanager Inc. reported $7,992 in plan administrative expenses for 2024: 0.20% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,459 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.24% to 0.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Massachusetts (2,383rd of 2,726), and 1,954th of 2,199 in information & media. In 2024, employees put in $4.57 for every $1.00 the employer contributed; active participation has shrunk from 82 to 54 since 2022.

Plan summary
Net assets, end of year$4,234,946
Participants with balances94
Active participants54
Employer contributions$132,764
Employee contributions$606,628
Employer contribution per active participant$2,459
Average account balance$45,053
Benefits paid to participants$847,083
Plan auditUnmodified (clean) audit opinion
AuditorPENDING
Plan history3
Yearassets · accounts · employer contribution
2024$4.2M · 94 accts · $133K emplr
2023$3.8M · 15 accts · $158K emplr
2022$2.9M · 116 accts · $171K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$150
Investment management$7,842
Total administrative$7,992
The Logicmanager Inc. 401(k) match · 2024
Employer contribution per active participant$2,459
Median for plans this size$1,313
2024$2,459 per active participant
2023$2,100 per active participant
2022$2,089 per active participant

Logicmanager Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$7,992 · 0.20%
2023$8,519 · 0.25%
2022$6,826 · 0.24%
Similar plansInformation & Media · Massachusetts
Cleargov, Inc. MA$4.7M · 0.13%
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Paperless Parts, Inc. MA$4.3M · 0.66%
Ventois Inc MA$4.0M · 0.74%
Quality Matrix Inc MA$3.6M · 0.23%
Myjove Corporation MA$3.1M · 0.00%
Reggora, Inc. MA$2.8M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202258771 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.