Logs Legal Group LLP 401(k) Review & Grade
Logs Legal Network 401(k) Plan
Bannkockburn, ILReal Estate & Rental510 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$320Employer $ per active participant
$3,744Employee $ saved per active participant
0.40%Direct admin cost, % of plan assets
$42.1MNet plan assets, end of year
$78,174Average balance per account
Score breakdown
- Employer generosity6.7 / 5013th percentile for employer $ per participant
- Low cost7.6 / 2530th percentile for low admin cost vs. same-size plans
- Employee saving7.5 / 1550th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score29 / 100 · Grade F
This plan vs. peers
Peers: Real Estate & Rental plans with 500–2,499 active participants (291 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 13th |
| Lower admin cost | 30th |
| Employee saving | 50th |
| Peers that auto-enroll | 47% |
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 $44,406 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Logs Legal Group LLP put in about $320 per active participant, below the typical peer ($1,279). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- Direct plan expenses (0.40% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $163,062 |
| Participant (employee) contributions | $1,907,324 |
| Other contributions (incl. rollovers in) | $78,162 |
| Administrative expenses paid from the plan | $165,344 |
| Investment advisory & management fees | $84,096 |
| Other admin expenses | $10,624 |
| Benefits paid out | $4,492,459 |
| Net assets, start / end of year | $40.0M / $42.1M |
| Active participants, start / end of year | 541 / 478 |
| Participants with account balances | 538 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | RSM US LLP |
Largest service providers (Schedule C)
| Mma Securities LLC | $45,000 reported compensation |
| RSM US LLP | $39,375 reported compensation |
| Empower Annuity Insurance Company O | $31,249 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260831215304NAL0007218513001, received 2026-08-31, EIN 56-2046047, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.