Plan Ledger DOL Form 5500 · updated monthly

Logicsource, Inc.401(k)

LOGICSOURCE, INC 401(K) PSP & TRUST · NORWALK, CT · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Logicsource, Inc. reported $81,313 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $4,888 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 0.41% to 0.34%. 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 466th-largest of 1,106 plans among Connecticut employers on file, and the 4,491st of 11,654 in professional & technical services. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has grown from 298 to 332 since 2022.

Plan summary
Net assets, end of year$27,047,000
Participants with balances526
Active participants332
Employer contributions$1,622,899
Employee contributions$3,335,022
Employer contribution per active participant$4,888
Average account balance$51,420
Benefits paid to participants$2,538,848
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.0M · 526 accts · $1.6M emplr
2023$21.1M · 488 accts · $1.4M emplr
2022$14.9M · 434 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,888
Investment management$36,425
Total administrative$81,313
The Logicsource, Inc. 401(k) match · 2024
Employer contribution per active participant$4,888
Median for plans this size$2,416
2024$4,888 per active participant
2023$4,305 per active participant
2022$4,091 per active participant

Logicsource, Inc.'s 2024 employer contribution ran above the $2,416 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.

Service providers · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$44,888
MJP WEALTH ADVISORS · Investment advisory (plan)$36,425

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$81,313 · 0.34%
2023$84,972 · 0.47%
2022$61,934 · 0.41%
Same employer
Similar plansProfessional & Technical Services · Connecticut
Sectra, Inc. CT$28.1M · 0.24%
Squadron Capital LLC CT$27.5M · 0.66%
Pelli Clarke & Partners CT$27.2M · 0.37%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 270630752 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.