AYTU BIOPHARMA EMPLOYEE RETIREMENT PLAN
Plan Contact
- Address: DENVER CORPORATE CENTER III,,DENVER,CO
- Contact person: RYAN SELHORN
- Phone: (855) 298-8246
Plan General Information
AYTU BIOPHARMA EMPLOYEE RETIREMENT PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of AYTU BIOPHARMA EMPLOYEE RETIREMENT PLAN is $15,415,462.00.This plan was established in 1997.
AYTU BIOPHARMA EMPLOYEE RETIREMENT PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in AYTU BIOPHARMA EMPLOYEE RETIREMENT PLAN is 267
AYTU BIOPHARMA EMPLOYEE RETIREMENT PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for AYTU BIOPHARMA EMPLOYEE RETIREMENT PLAN is $57,735.00
AYTU BIOPHARMA EMPLOYEE RETIREMENT PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for AYTU BIOPHARMA EMPLOYEE RETIREMENT PLAN is $10,095.00.
AYTU BIOPHARMA EMPLOYEE RETIREMENT PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in AYTU BIOPHARMA EMPLOYEE RETIREMENT PLAN is approximately $2,687.00
Investing in this additonal $2,687.00 for 20 years would give you extra $172,000.00, assuming a 10% annual return.
Investing in this additonal $2,687.00 for 20 years would give you extra $172,000.00, assuming a 10% annual return.
AYTU BIOPHARMA EMPLOYEE RETIREMENT PLAN Total Employer Contribution and Match Rate
In 2023, AYTU BIOPHARMA EMPLOYEE RETIREMENT PLAN allocates $717,565.00 to match its employees' contributions, providing an employer match rate of 53.24% of their contributions
AYTU BIOPHARMA EMPLOYEE RETIREMENT PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of AYTU BIOPHARMA EMPLOYEE RETIREMENT PLAN is 56.06%.
AYTU BIOPHARMA EMPLOYEE RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for AYTU BIOPHARMA EMPLOYEE RETIREMENT PLAN is 44.93%. This measures the effectiveness of the plan participants' investments in the year.
AYTU BIOPHARMA EMPLOYEE RETIREMENT PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of AYTU BIOPHARMA EMPLOYEE RETIREMENT PLAN is 0.24%.
Enrollment Features
AYTU BIOPHARMA EMPLOYEE RETIREMENT 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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