THE ARGEN CORPORATION 401(K) PLAN

  • Address: 5855 OBERLIN DRIVE,SAN DIEGO,CA
  • Contact person: AARON IDEKER
  • Phone: (858) 455-7900

THE ARGEN CORPORATION 401(K) 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 THE ARGEN CORPORATION 401(K) PLAN is $21,420,010.00.This plan was established in 2002.

At the end of 2022, the total number of retirement plan participants in THE ARGEN CORPORATION 401(K) PLAN is 450

In 2022, the average participant retirement account value for THE ARGEN CORPORATION 401(K) PLAN is $47,600.00

In 2022, the estimated average employee contribution amount per participant for THE ARGEN CORPORATION 401(K) PLAN is $4,918.00

In 2022, the estimated average employer match for an employee in THE ARGEN CORPORATION 401(K) PLAN is approximately $713.00

In 2022, THE ARGEN CORPORATION 401(K) PLAN allocates $321,091.00 to match its employees' contributions, providing an employer match rate of 16.49% of their contributions

In 2022, the total retirement plan asset growth rate of THE ARGEN CORPORATION 401(K) PLAN is -13.66%

In 2022, the estimated aggregate retirement account investment gain/loss for THE ARGEN CORPORATION 401(K) PLAN is -16.41%. This measures the effectiveness of the plan participants' investments in the year.

In 2022, the investment and administrative expense ratio of THE ARGEN CORPORATION 401(K) PLAN is 0.01%.

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