ARNET PHARMACEUTICAL CORP 401K
Plan Contact
- Address: 2525 DAVIE RD,,DAVIE,FL
- Contact person: ADAM FRIEDMAN
- Phone: (954) 236-9053
Plan General Information
ARNET PHARMACEUTICAL CORP 401K Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of ARNET PHARMACEUTICAL CORP 401K is $2,636,694.00.This plan was established in 2016.
ARNET PHARMACEUTICAL CORP 401K Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in ARNET PHARMACEUTICAL CORP 401K is 386
ARNET PHARMACEUTICAL CORP 401K Average Participant Retirement Account Value
In 2023, the average participant retirement account value for ARNET PHARMACEUTICAL CORP 401K is $6,830.00
ARNET PHARMACEUTICAL CORP 401K Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for ARNET PHARMACEUTICAL CORP 401K is $1,293.00.
ARNET PHARMACEUTICAL CORP 401K Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in ARNET PHARMACEUTICAL CORP 401K is approximately $596.00
Investing in this additonal $596.00 for 20 years would give you extra $38,191.00, assuming a 10% annual return.
Investing in this additonal $596.00 for 20 years would give you extra $38,191.00, assuming a 10% annual return.
ARNET PHARMACEUTICAL CORP 401K Total Employer Contribution and Match Rate
In 2023, ARNET PHARMACEUTICAL CORP 401K allocates $230,342.00 to match its employees' contributions, providing an employer match rate of 53.32% of their contributions
ARNET PHARMACEUTICAL CORP 401K Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of ARNET PHARMACEUTICAL CORP 401K is 48.49%.
ARNET PHARMACEUTICAL CORP 401K Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for ARNET PHARMACEUTICAL CORP 401K is 17.00%. This measures the effectiveness of the plan participants' investments in the year.
ARNET PHARMACEUTICAL CORP 401K Expense Ratio
In 2023, the investment and administrative expense ratio of ARNET PHARMACEUTICAL CORP 401K is 0.19%.
Enrollment Features
ARNET PHARMACEUTICAL CORP 401K has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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