ARENA PHARMACEUTICALS, INC. 401(K) PLAN

Plan Contact

  • Address: ATTENTION US BENEFITS,,PEAPACK,NJ
  • Contact person: STEPHEN PENNACCHIO
  • Phone: (908) 901-8000

Plan General Information

ARENA PHARMACEUTICALS, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in ARENA PHARMACEUTICALS, INC. 401(K) PLAN is 635

ARENA PHARMACEUTICALS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for ARENA PHARMACEUTICALS, INC. 401(K) PLAN is $7,382.00.

ARENA PHARMACEUTICALS, INC. 401(K) PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in ARENA PHARMACEUTICALS, INC. 401(K) PLAN is approximately $3,298.00
Investing in this additonal $3,298.00 for 20 years would give you extra $211,084.00, assuming a 10% annual return.

ARENA PHARMACEUTICALS, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2022, ARENA PHARMACEUTICALS, INC. 401(K) PLAN allocates $2,094,351.00 to match its employees' contributions, providing an employer match rate of 49.08% of their contributions

Enrollment Features

ARENA PHARMACEUTICALS, INC. 401(K) 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.


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