SMART CHOICE AKORN, INC. 401(K) RETIREMENT PLAN
- Address: 1628 JOHN F KENNEDY BLVD. STE 950,PHILADELPHIA,PA
- Contact person: GEORGE MILLER
- Phone: (847) 279-6100
SMART CHOICE AKORN, INC. 401(K) RETIREMENT PLAN has the following features:
Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
At the end of 2022, the total retirement plan assets of SMART CHOICE AKORN, INC. 401(K) RETIREMENT PLAN is $91,598,437.00.This plan was established in 1998.
At the end of 2022, the total number of retirement plan participants in SMART CHOICE AKORN, INC. 401(K) RETIREMENT PLAN is 1905
In 2022, the average participant retirement account value for SMART CHOICE AKORN, INC. 401(K) RETIREMENT PLAN is $48,083.00
In 2022, the estimated average employee contribution amount per participant for SMART CHOICE AKORN, INC. 401(K) RETIREMENT PLAN is $4,405.00
In 2022, the estimated average employer match for an employee in SMART CHOICE AKORN, INC. 401(K) RETIREMENT PLAN is approximately $1,139.00
In 2022, SMART CHOICE AKORN, INC. 401(K) RETIREMENT PLAN allocates $2,170,475.00 to match its employees' contributions, providing an employer match rate of 25.25% of their contributions
In 2022, the total retirement plan asset growth rate of SMART CHOICE AKORN, INC. 401(K) RETIREMENT PLAN is -22.22%
In 2022, the estimated aggregate retirement account investment gain/loss for SMART CHOICE AKORN, INC. 401(K) RETIREMENT PLAN is -17.20%. This measures the effectiveness of the plan participants' investments in the year.
In 2022, the investment and administrative expense ratio of SMART CHOICE AKORN, INC. 401(K) RETIREMENT PLAN is 0.03%.
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