ALVOGEN GROUP SAVINGS INCENTIVE PLAN

At the end of 2022, the total retirement plan assets of ALVOGEN GROUP SAVINGS INCENTIVE PLAN is $74,066,998.This plan was established in 2007.

At the end of 2022, the total number of retirement plan participants in ALVOGEN GROUP SAVINGS INCENTIVE PLAN is 880

In 2022, the average participant retirement account value for ALVOGEN GROUP SAVINGS INCENTIVE PLAN is $84,167

In 2022, the estimated average employee contribution amount per participant for ALVOGEN GROUP SAVINGS INCENTIVE PLAN is $7,276

In 2022, the estimated average employer match for an employee in ALVOGEN GROUP SAVINGS INCENTIVE PLAN is approximately $4,225

In 2022, ALVOGEN GROUP SAVINGS INCENTIVE PLAN allocates $3,718,143 to match its employees’ contributions, providing an employer match rate of 63.87% of their contributions

In 2022, the total retirement plan asset growth rate of ALVOGEN GROUP SAVINGS INCENTIVE PLAN is -15.79%

In 2022, the estimated aggregate retirement account investment gain/loss for ALVOGEN GROUP SAVINGS INCENTIVE PLAN is -19.22%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of ALVOGEN GROUP SAVINGS INCENTIVE PLAN is -0.08%.

Enrollment Features

ALVOGEN GROUP SAVINGS INCENTIVE 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.