PHARMA TECH INDUSTRIES 401(K) PLAN

At the end of 2022, the total retirement plan assets of PHARMA TECH INDUSTRIES 401(K) PLAN is $9,922,286.This plan was established in 2006.

At the end of 2022, the total number of retirement plan participants in PHARMA TECH INDUSTRIES 401(K) PLAN is 331

In 2022, the average participant retirement account value for PHARMA TECH INDUSTRIES 401(K) PLAN is $29,976

In 2022, the estimated average employee contribution amount per participant for PHARMA TECH INDUSTRIES 401(K) PLAN is $1,842

In 2022, the estimated average employer match for an employee in PHARMA TECH INDUSTRIES 401(K) PLAN is approximately $736

In 2022, PHARMA TECH INDUSTRIES 401(K) PLAN allocates $243,643 to match its employees’ contributions, providing an employer match rate of 40.39% of their contributions

In 2022, the total retirement plan asset growth rate of PHARMA TECH INDUSTRIES 401(K) PLAN is -12.71%

In 2022, the estimated aggregate retirement account investment gain/loss for PHARMA TECH INDUSTRIES 401(K) PLAN is -14.34%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of PHARMA TECH INDUSTRIES 401(K) PLAN is 0.52%.

Enrollment Features

PHARMA TECH INDUSTRIES 401(K) 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.