Logitech Inc. 401(k) Review & Grade
Logitech 401(k) Plan
San Jose, CAManufacturing1,175 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$5,401Employer $ per active participant
$16,093Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$360.1MNet plan assets, end of year
$187,356Average balance per account
Score breakdown
- Employer generosity42.5 / 5085th percentile for employer $ per participant
- Low cost20.1 / 2580th percentile for low admin cost vs. same-size plans
- Employee saving14.7 / 1598th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score84 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 85th |
| Lower admin cost | 80th |
| Employee saving | 98th |
| Peers that auto-enroll | 59% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $437 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Logitech put in about $5,401 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $6,345,833 |
| Participant (employee) contributions | $18,908,753 |
| Other contributions (incl. rollovers in) | $2,242,698 |
| Administrative expenses paid from the plan | $247,975 |
| Investment advisory & management fees | $58,331 |
| Benefits paid out | $20,801,426 |
| Net assets, start / end of year | $305.8M / $360.1M |
| Active participants, start / end of year | 1,180 / 1,170 |
| Participants with account balances | 1,922 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Miller, Kaplan, Arase & Co., LLP |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services,inc | $189,594 reported compensation |
| Innovest Portfolio Solutions L | $38,371 reported compensation |
| Fisher Investments | $7,119 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250917164515NAL0000547393001, received 2025-09-17, EIN 94-2810519, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.