PHARM-OLAM LLC 401(K) AND PROFIT SHARING PLAN
Overview
Plan Contact
- Address: 450 N SAM HOUSTON PKWY EAST SUITE 2,HOUSTON,TX
- Contact person: RICHARD SHIMOTA
- Phone: (713) 559-7355
Plan General Information
At the end of 2021, the total retirement plan assets of PHARM-OLAM LLC 401(K) AND PROFIT SHARING PLAN is $17,791,020.This plan was established in 2022.
At the end of 2021, the total number of retirement plan participants in PHARM-OLAM LLC 401(K) AND PROFIT SHARING PLAN is 226
In 2021, the average participant retirement account value for PHARM-OLAM LLC 401(K) AND PROFIT SHARING PLAN is $78,721
In 2021, the estimated average employee contribution amount per participant for PHARM-OLAM LLC 401(K) AND PROFIT SHARING PLAN is $5,686
In 2021, the estimated average employer match for an employee in PHARM-OLAM LLC 401(K) AND PROFIT SHARING PLAN is approximately $2,570
In 2021, PHARM-OLAM LLC 401(K) AND PROFIT SHARING PLAN allocates $580,896 to match its employees’ contributions, providing an employer match rate of 45.20% of their contributions
In 2021, the total retirement plan asset growth rate of PHARM-OLAM LLC 401(K) AND PROFIT SHARING PLAN is 12.77%
In 2021, the estimated aggregate retirement account investment gain/loss for PHARM-OLAM LLC 401(K) AND PROFIT SHARING PLAN is 13.18%. This measures the effectiveness of the plan participants’ investments in the year.
In 2021, the investment and administrative expense ratio of PHARM-OLAM LLC 401(K) AND PROFIT SHARING PLAN is 0.50%.
Enrollment Features
PHARM-OLAM LLC 401(K) AND PROFIT SHARING 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.