ANI PHARMACEUTICALS, INC. 401(K) PLAN
Overview
Plan Contact
- Address: PO BOX 370,BAUDETTE,MN
- Contact person: SHERRI BITTER
- Phone: (218) 634-3660
Plan General Information
At the end of 2022, the total retirement plan assets of ANI PHARMACEUTICALS, INC. 401(K) PLAN is $16,810,358.This plan was established in 2008.
At the end of 2022, the total number of retirement plan participants in ANI PHARMACEUTICALS, INC. 401(K) PLAN is 274
In 2022, the average participant retirement account value for ANI PHARMACEUTICALS, INC. 401(K) PLAN is $61,351
In 2022, the estimated average employee contribution amount per participant for ANI PHARMACEUTICALS, INC. 401(K) PLAN is $11,713
In 2022, the estimated average employer match for an employee in ANI PHARMACEUTICALS, INC. 401(K) PLAN is approximately $5,041
In 2022, ANI PHARMACEUTICALS, INC. 401(K) PLAN allocates $1,381,305 to match its employees’ contributions, providing an employer match rate of 44.00% of their contributions
In 2022, the total retirement plan asset growth rate of ANI PHARMACEUTICALS, INC. 401(K) PLAN is -3.13%
In 2022, the estimated aggregate retirement account investment gain/loss for ANI PHARMACEUTICALS, INC. 401(K) PLAN is -12.48%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of ANI PHARMACEUTICALS, INC. 401(K) PLAN is 0.23%.
Enrollment Features
ANI PHARMACEUTICALS, INC. 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.