Plan Snapshot
- Plan Sponsor: Logixhealth, INC
- Sponsor EIN: 043560221
- Sponsor Address: 8 OAK PARK DR, BEDFORD, MA, 01730
- Plan Type: 401(k)
- Total Participants: 509
- Total Assets: $23.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 509 | $23.2M | $1.2M | $2.4M |
| 2023 | 461 | $18.5M | $961,695 | $2.0M |
| 2022 | 381 | $13.2M | $718,736 | $1.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ADP, INC. | Recordkeeper | $49,902 | — | $49,902 |
| GLOBAL RETIREMENT PARTNERS | Investment Advisor | $48,927 | — | $48,927 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
- GLOBAL RETIREMENT PARTNERS — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $98,829
- Estimated Expense Ratio: 0.427% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $98,830 | $82,349 | — | — | — |
| 2023 | $84,300 | $34,627 | — | — | — |
| 2022 | $82,903 | — | — | — | — |