Plan Ledger DOL Form 5500 · updated monthly

Logitech Inc.401(k)

LOGITECH 401(K) PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Logitech Inc. reported $247,975 in plan administrative expenses for 2024: 0.07% of average plan assets, above the peer median. Employer contributions averaged $5,424 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 0.08% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 355th-largest of 9,483 plans among California employers on file, and the 738th of 13,661 in manufacturing. In 2024, employees put in $2.98 for every $1.00 the employer contributed; active participation has shrunk from 1,366 to 1,170 since 2022.

Plan summary
Net assets, end of year$360,098,253
Participants with balances1,922
Active participants1,170
Employer contributions$6,345,833
Employee contributions$18,908,753
Employer contribution per active participant$5,424
Average account balance$187,356
Benefits paid to participants$20,801,426
Plan auditUnmodified (clean) audit opinion
AuditorMILLER, KAPLAN, ARASE & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$360.1M · 1,922 accts · $6.3M emplr
2023$305.8M · 1,980 accts · $6.4M emplr
2022$249.9M · 2,098 accts · $7.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$189,644
Investment management$58,331
Total administrative$247,975
The Logitech Inc. 401(k) match · 2024
Employer contribution per active participant$5,424
Median for plans this size$4,294
2024$5,424 per active participant
2023$5,352 per active participant
2022$5,151 per active participant

Logitech Inc.'s 2024 employer contribution ran above the $4,294 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 · 20245
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$189,594
INNOVEST PORTFOLIO SOLUTIONS L · Investment management$38,371
FISHER INVESTMENTS · Investment advisory (participants)$7,119
KDM WEALTH MANAGEMENT INC · Investment advisory (participants)$5,812
CHARLES SCHWAB & CO., INC. · Securities brokerage$4,054

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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Administrative cost history3
2024$247,975 · 0.07%
2023$232,026 · 0.08%
2022$221,827 · 0.08%
Same employer
Similar plansManufacturing · California
Xperi Inc. CA$387.6M · 0.03%
Jazz Pharmaceuticals, Inc. CA$373.8M · 0.03%
Sunrun Inc. CA$366.3M · 0.35%
Infinera Corporation CA$359.9M · 0.06%
Topgolf Callaway Brands Corp CA$357.4M · 0.12%
Haas Automation, Inc. CA$356.1M · 0.02%
Ventura Foods, LLC CA$344.5M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942810519 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.