Plan Ledger DOL Form 5500 · updated monthly

Logixhealth, Inc401(k)

LOGIXHEALTH, INC 401K PLAN · BEDFORD, MA · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Logixhealth, Inc reported $98,830 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,339 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 0.60% to 0.47%. 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 1,183rd-largest of 2,726 plans among Massachusetts employers on file, and the 5,029th of 11,654 in professional & technical services. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 381 to 509 since 2022.

Plan summary
Net assets, end of year$23,169,015
Participants with balances608
Active participants509
Employer contributions$1,190,549
Employee contributions$2,446,616
Employer contribution per active participant$2,339
Average account balance$38,107
Benefits paid to participants$2,288,673
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON O'CONNOR FERON & CARUCCI
Plan history3
Yearassets · accounts · employer contribution
2024$23.2M · 608 accts · $1.2M emplr
2023$18.5M · 519 accts · $962K emplr
2022$13.2M · 384 accts · $719K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,481
Investment management$82,349
Total administrative$98,830
The Logixhealth, Inc 401(k) match · 2024
Employer contribution per active participant$2,339
Median for plans this size$2,416
2024$2,339 per active participant
2023$2,086 per active participant
2022$1,886 per active participant

Logixhealth, Inc's 2024 employer contribution ran below 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$49,902
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$48,927
ADP BROKER-DEALERindirect 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
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

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Administrative cost history3
2024$98,830 · 0.47%
2023$84,300 · 0.53%
2022$82,903 · 0.60%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
O'Connor & Drew P.C. MA$23.5M · 0.06%
Officeworks, Inc. MA$23.4M · 0.26%
Corevitas, LLC MA$23.4M · 0.30%
Voyager Therapeutics Inc. MA$23.0M · 0.48%
Acronis, Inc. MA$22.9M · 0.50%
Design Communications, LTD. MA$22.9M · 0.45%
Scholar Rock Inc. MA$22.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043560221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.