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.