Plan Ledger DOL Form 5500 · updated monthly

Logicmonitor, Inc.401(k)

LOGICMONITOR 401(K) PLAN · SANTA BARBARA, CA · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Logicmonitor, Inc. reported $152,183 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $2,539 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 3 years on file its reported administrative ratio has held roughly steady near 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,163rd-largest of 9,483 plans among California employers on file, and the 3,334th of 11,654 in professional & technical services. In 2024, employees put in $4.60 for every $1.00 the employer contributed; active participation has shrunk from 624 to 550 since 2022.

Plan summary
Net assets, end of year$39,503,487
Participants with balances727
Active participants550
Employer contributions$1,396,527
Employee contributions$6,423,075
Employer contribution per active participant$2,539
Average account balance$54,338
Benefits paid to participants$3,576,472
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.5M · 727 accts · $1.4M emplr
2023$29.4M · 724 accts · $1.5M emplr
2022$18.8M · 772 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$143,236
Investment management$8,947
Total administrative$152,183
The Logicmonitor, Inc. 401(k) match · 2024
Employer contribution per active participant$2,539
Median for plans this size$2,416
2024$2,539 per active participant
2023$2,622 per active participant
2022$2,226 per active participant

Logicmonitor, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$143,236
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,947

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$152,183 · 0.44%
2023$108,373 · 0.45%
2022$75,520 · 0.45%
Same employer
Similar plansProfessional & Technical Services · California
User Testing CA$40.0M · 0.09%
Blue River Technology LLC CA$39.6M · 0.18%
Egnyte, Inc. CA$39.5M · 0.04%
Stryder Corporation CA$39.4M · 0.24%
Sambanova Systems, Inc. CA$39.0M · 0.02%
Delphix Corp. CA$38.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 451344638 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.