Plan Ledger DOL Form 5500 · updated monthly

Logix Employment Services,Inc.401(k)

LOGIX EMPLOYMENT SERVICES, INC. EMPLOYEE SAVINGS PLAN · VALENCIA, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Logix Employment Services,Inc. reported $107,414 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $7,788 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 $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 630th-largest of 9,483 plans among California employers on file, and the 108th of 2,534 in administrative & support services. In 2024, employees put in $1.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$173,239,645
Participants with balances1,074
Active participants841
Employer contributions$6,549,466
Employee contributions$6,922,264
Employer contribution per active participant$7,788
Average account balance$161,303
Benefits paid to participants$10,622,360
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$173.2M · 1,074 accts · $6.5M emplr
2023$148.4M · 1,073 accts · $6.3M emplr
2022$123.6M · 1,074 accts · $6.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,439
Investment management$49,000
Audit (IQPA)$9,975
Total administrative$107,414
The Logix Employment Services,Inc. 401(k) match · 2024
Employer contribution per active participant$7,788
Median for plans this size$3,635
2024$7,788 per active participant
2023$7,334 per active participant
2022$7,306 per active participant

Logix Employment Services,Inc.'s 2024 employer contribution ran above the $3,635 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 · 20245
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$48,439
KAYE CAPITAL MANAGEMENT · Investment advisory (plan)$49,000
MOSS ADAMS · Accounting / audit$9,975
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp
MID ATLANTIC CAPITAL CORPORATION · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$107,414 · 0.07%
2023$93,144 · 0.07%
2022$109,814 · 0.08%
Same employer
Similar plansAdministrative & Support Services · California
SA Recycling, LLC CA$190.5M · 0.27%
Qtc Management, Inc. CA$154.0M · 0.08%
Edco Disposal Corporation CA$142.0M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954341911 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.