Plan Ledger DOL Form 5500 · updated monthly

Logicworks Systems Corporation401(k)

LOGICWORKS 401(K) PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.20%

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

Logicworks Systems Corporation reported $32,201 in plan administrative expenses for 2022: 0.20% of average plan assets, below the peer median. Employer contributions averaged $4,130 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in New York (2,876th of 5,648), and 1,179th of 2,199 in information & media. In 2022, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,801,436
Participants with balances229
Active participants196
Employer contributions$809,546
Employee contributions$1,695,340
Employer contribution per active participant$4,130
Average account balance$69,002
Benefits paid to participants$445,463
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $333K emplr
2022$15.8M · 229 accts · $810K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$32,201
Total administrative$32,201
The Logicworks Systems Corporation 401(k) match · 2022
Employer contribution per active participant$4,130
Median for plans this size$2,266

Logicworks Systems Corporation's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$32,201 · 0.20%
Similar plansInformation & Media · New York
Ipass Inc. NY$17.5M · 0.15%
The Athletic Media Company NY$17.0M · 0.03%
Global Data Publications NY$16.9M · 0.31%
Compliance Science, Inc. NY$15.6M · 0.57%
Bigid Inc. NY$15.5M · 0.45%
Bdg Media, Inc. NY$15.1M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133700569 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.