MADRIGAL PHARMACEUTICALS, INC. 401(K) PLAN
Plan Contact
- Address: 200 BARR HARBOR DRIVE,,WEST CONSHOHOCKEN,PA
- Contact person: SHELLEY PHELPS
- Phone: (781) 316-4201
Plan General Information
MADRIGAL PHARMACEUTICALS, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of MADRIGAL PHARMACEUTICALS, INC. 401(K) PLAN is $13,585,595.00.This plan was established in 1997.
MADRIGAL PHARMACEUTICALS, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in MADRIGAL PHARMACEUTICALS, INC. 401(K) PLAN is 134
MADRIGAL PHARMACEUTICALS, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for MADRIGAL PHARMACEUTICALS, INC. 401(K) PLAN is $101,385.00
MADRIGAL PHARMACEUTICALS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for MADRIGAL PHARMACEUTICALS, INC. 401(K) PLAN is $18,161.00.
MADRIGAL PHARMACEUTICALS, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in MADRIGAL PHARMACEUTICALS, INC. 401(K) PLAN is approximately $4,952.00
Investing in this additonal $4,952.00 for 20 years would give you extra $316,970.00, assuming a 10% annual return.
Investing in this additonal $4,952.00 for 20 years would give you extra $316,970.00, assuming a 10% annual return.
MADRIGAL PHARMACEUTICALS, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, MADRIGAL PHARMACEUTICALS, INC. 401(K) PLAN allocates $663,656.00 to match its employees' contributions, providing an employer match rate of 31.23% of their contributions
MADRIGAL PHARMACEUTICALS, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of MADRIGAL PHARMACEUTICALS, INC. 401(K) PLAN is 58.11%.
MADRIGAL PHARMACEUTICALS, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for MADRIGAL PHARMACEUTICALS, INC. 401(K) PLAN is 16.94%. This measures the effectiveness of the plan participants' investments in the year.
MADRIGAL PHARMACEUTICALS, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of MADRIGAL PHARMACEUTICALS, INC. 401(K) PLAN is 0.03%.
Enrollment Features
MADRIGAL PHARMACEUTICALS, INC. 401(K) PLAN has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
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