APOTEX CORP. RETIREMENT SAVINGS PLAN
Overview
Plan Contact
- Address: 2400 N. COMMERCE DRIVE,WESTON,FL
- Contact person: MERINA THENGANATT
- Phone: (954) 384-8007
Plan General Information
At the end of 2022, the total retirement plan assets of APOTEX CORP. RETIREMENT SAVINGS PLAN is $40,294,091.This plan was established in 1997.
At the end of 2022, the total number of retirement plan participants in APOTEX CORP. RETIREMENT SAVINGS PLAN is 606
In 2022, the average participant retirement account value for APOTEX CORP. RETIREMENT SAVINGS PLAN is $66,491
In 2022, the estimated average employee contribution amount per participant for APOTEX CORP. RETIREMENT SAVINGS PLAN is $4,377
In 2022, the estimated average employer match for an employee in APOTEX CORP. RETIREMENT SAVINGS PLAN is approximately $2,291
In 2022, APOTEX CORP. RETIREMENT SAVINGS PLAN allocates $1,388,522 to match its employees’ contributions, providing an employer match rate of 48.39% of their contributions
In 2022, the total retirement plan asset growth rate of APOTEX CORP. RETIREMENT SAVINGS PLAN is -12.95%
In 2022, the estimated aggregate retirement account investment gain/loss for APOTEX CORP. RETIREMENT SAVINGS PLAN is -17.30%. This measures the effectiveness of the plan participants’ investments in the year.
In 2022, the investment and administrative expense ratio of APOTEX CORP. RETIREMENT SAVINGS PLAN is 0.22%.
Enrollment Features
APOTEX CORP. RETIREMENT SAVINGS 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.