ABBVIE PUERTO RICO SAVINGS PLAN

Plan Contact

  • Address: TREASURY, DEPT V310, BLDG AP34-3N,,NORTH CHICAGO,IL
  • Contact person: DEMETRIS CRUM
  • Phone: (847) 932-7900

Plan General Information

ABBVIE PUERTO RICO SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of ABBVIE PUERTO RICO SAVINGS PLAN is $498,896,547.00.This plan was established in 1996.

ABBVIE PUERTO RICO SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in ABBVIE PUERTO RICO SAVINGS PLAN is 1917

ABBVIE PUERTO RICO SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for ABBVIE PUERTO RICO SAVINGS PLAN is $260,248.00

ABBVIE PUERTO RICO SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for ABBVIE PUERTO RICO SAVINGS PLAN is $6,225.00.

ABBVIE PUERTO RICO SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in ABBVIE PUERTO RICO SAVINGS PLAN is approximately $2,952.00
Investing in this additonal $2,952.00 for 20 years would give you extra $188,958.00, assuming a 10% annual return.

ABBVIE PUERTO RICO SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, ABBVIE PUERTO RICO SAVINGS PLAN allocates $5,659,901.00 to match its employees' contributions, providing an employer match rate of 50.45% of their contributions

ABBVIE PUERTO RICO SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of ABBVIE PUERTO RICO SAVINGS PLAN is 5.09%.

ABBVIE PUERTO RICO SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for ABBVIE PUERTO RICO SAVINGS PLAN is 7.35%. This measures the effectiveness of the plan participants' investments in the year.

ABBVIE PUERTO RICO SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of ABBVIE PUERTO RICO SAVINGS PLAN is 0.07%.

Enrollment Features

ABBVIE PUERTO RICO SAVINGS PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.


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