PHILIP MORRIS INTERNATIONAL DEFERRED PROFIT-SHARING PLAN

Overview

Plan Contact

  • Address: 677 WASHINGTON BLVD,,STAMFORD,CT
  • Contact person: CHAD RYAN
  • Phone: (917) 663-2000

Plan General Information


At the end of 2022, the total retirement plan assets of PHILIP MORRIS INTERNATIONAL DEFERRED PROFIT-SHARING PLAN is $274,334,180.This plan was established in 2008.

At the end of 2022, the total number of retirement plan participants in PHILIP MORRIS INTERNATIONAL DEFERRED PROFIT-SHARING PLAN is 435

In 2022, the average participant retirement account value for PHILIP MORRIS INTERNATIONAL DEFERRED PROFIT-SHARING PLAN is $630,653

In 2022, the estimated average employee contribution amount per participant for PHILIP MORRIS INTERNATIONAL DEFERRED PROFIT-SHARING PLAN is $5,936

In 2022, the estimated average employer match for an employee in PHILIP MORRIS INTERNATIONAL DEFERRED PROFIT-SHARING PLAN is approximately $9,648

In 2022, PHILIP MORRIS INTERNATIONAL DEFERRED PROFIT-SHARING PLAN allocates $4,197,251 to match its employees’ contributions, providing an employer match rate of 164.62% of their contributions

In 2022, the total retirement plan asset growth rate of PHILIP MORRIS INTERNATIONAL DEFERRED PROFIT-SHARING PLAN is -13.69%

In 2022, the estimated aggregate retirement account investment gain/loss for PHILIP MORRIS INTERNATIONAL DEFERRED PROFIT-SHARING PLAN is -8.40%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of PHILIP MORRIS INTERNATIONAL DEFERRED PROFIT-SHARING PLAN is 0.03%.

Enrollment Features

PHILIP MORRIS INTERNATIONAL DEFERRED 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.