MYLAN PHARMACEUTICALS INC. 401(K) DEFINED CONTRIBUTION PLAN FOR BARGAINING UNIT EMPLOYEES AND PARTICIPANTS

Plan Contact

  • Address: 1500 CORPORATE DRIVE,CANONSBURG,PA
  • Contact person: ERIC WESTBROOK
  • Phone: (724) 514-1800

Plan General Information

MYLAN PHARMACEUTICALS INC. 401(K) DEFINED CONTRIBUTION PLAN FOR BARGAINING UNIT EMPLOYEES AND PARTICIPANTS Total Retirement Plan Assets

At the end of 2011, the total retirement plan assets of MYLAN PHARMACEUTICALS INC. 401(K) DEFINED CONTRIBUTION PLAN FOR BARGAINING UNIT EMPLOYEES AND PARTICIPANTS is $53,614,848.00.This plan was established in 1985.

MYLAN PHARMACEUTICALS INC. 401(K) DEFINED CONTRIBUTION PLAN FOR BARGAINING UNIT EMPLOYEES AND PARTICIPANTS Total Number of Retirement Plan Participants

At the end of 2011, the total number of retirement plan participants in MYLAN PHARMACEUTICALS INC. 401(K) DEFINED CONTRIBUTION PLAN FOR BARGAINING UNIT EMPLOYEES AND PARTICIPANTS is 1518

MYLAN PHARMACEUTICALS INC. 401(K) DEFINED CONTRIBUTION PLAN FOR BARGAINING UNIT EMPLOYEES AND PARTICIPANTS Average Participant Retirement Account Value

In 2011, the average participant retirement account value for MYLAN PHARMACEUTICALS INC. 401(K) DEFINED CONTRIBUTION PLAN FOR BARGAINING UNIT EMPLOYEES AND PARTICIPANTS is $35,319.00

MYLAN PHARMACEUTICALS INC. 401(K) DEFINED CONTRIBUTION PLAN FOR BARGAINING UNIT EMPLOYEES AND PARTICIPANTS Estimated Average Employee Contribution Amount

In 2011, the estimated average employee contribution amount per participant for MYLAN PHARMACEUTICALS INC. 401(K) DEFINED CONTRIBUTION PLAN FOR BARGAINING UNIT EMPLOYEES AND PARTICIPANTS is $4,700.00.

MYLAN PHARMACEUTICALS INC. 401(K) DEFINED CONTRIBUTION PLAN FOR BARGAINING UNIT EMPLOYEES AND PARTICIPANTS Estimated Average Employer Match

In 2011, the estimated average employer match for an employee in MYLAN PHARMACEUTICALS INC. 401(K) DEFINED CONTRIBUTION PLAN FOR BARGAINING UNIT EMPLOYEES AND PARTICIPANTS is approximately $1,193.00
Investing in this additonal $1,193.00 for 20 years would give you extra $76,391.00, assuming a 10% annual return.

MYLAN PHARMACEUTICALS INC. 401(K) DEFINED CONTRIBUTION PLAN FOR BARGAINING UNIT EMPLOYEES AND PARTICIPANTS Total Employer Contribution and Match Rate

In 2011, MYLAN PHARMACEUTICALS INC. 401(K) DEFINED CONTRIBUTION PLAN FOR BARGAINING UNIT EMPLOYEES AND PARTICIPANTS allocates $1,811,914.00 to match its employees' contributions, providing an employer match rate of 50.79% of their contributions

MYLAN PHARMACEUTICALS INC. 401(K) DEFINED CONTRIBUTION PLAN FOR BARGAINING UNIT EMPLOYEES AND PARTICIPANTS Total Retirement Plan Asset Growth Rate

In 2011, the total retirement plan asset growth rate of MYLAN PHARMACEUTICALS INC. 401(K) DEFINED CONTRIBUTION PLAN FOR BARGAINING UNIT EMPLOYEES AND PARTICIPANTS is 4.29%.

MYLAN PHARMACEUTICALS INC. 401(K) DEFINED CONTRIBUTION PLAN FOR BARGAINING UNIT EMPLOYEES AND PARTICIPANTS Estimated Aggregate Retirement Account Investment Gain/Loss

In 2011, the estimated aggregate retirement account investment gain/loss for MYLAN PHARMACEUTICALS INC. 401(K) DEFINED CONTRIBUTION PLAN FOR BARGAINING UNIT EMPLOYEES AND PARTICIPANTS is -0.10%. This measures the effectiveness of the plan participants' investments in the year.

MYLAN PHARMACEUTICALS INC. 401(K) DEFINED CONTRIBUTION PLAN FOR BARGAINING UNIT EMPLOYEES AND PARTICIPANTS Expense Ratio

In 2011, the investment and administrative expense ratio of MYLAN PHARMACEUTICALS INC. 401(K) DEFINED CONTRIBUTION PLAN FOR BARGAINING UNIT EMPLOYEES AND PARTICIPANTS is 0.03%.

Enrollment Features

MYLAN PHARMACEUTICALS INC. 401(K) DEFINED CONTRIBUTION PLAN FOR BARGAINING UNIT EMPLOYEES AND PARTICIPANTS 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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