MAYNE PHARMA INC. 401(K) PLAN
Plan Contact
- Address: 1240 SUGG PKWY,GREENVILLE,NC
- Contact person: RICHARD OFFIELD
- Phone: (252) 752-3800
Plan General Information
MAYNE PHARMA INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2021, the total retirement plan assets of MAYNE PHARMA INC. 401(K) PLAN is $71,885,832.00.This plan was established in 2022.
MAYNE PHARMA INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2021, the total number of retirement plan participants in MAYNE PHARMA INC. 401(K) PLAN is 864
MAYNE PHARMA INC. 401(K) PLAN Average Participant Retirement Account Value
In 2021, the average participant retirement account value for MAYNE PHARMA INC. 401(K) PLAN is $83,201.00
MAYNE PHARMA INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2021, the estimated average employee contribution amount per participant for MAYNE PHARMA INC. 401(K) PLAN is $6,453.00.
MAYNE PHARMA INC. 401(K) PLAN Estimated Average Employer Match
In 2021, the estimated average employer match for an employee in MAYNE PHARMA INC. 401(K) PLAN is approximately $2,502.00
Investing in this additonal $2,502.00 for 20 years would give you extra $160,134.00, assuming a 10% annual return.
Investing in this additonal $2,502.00 for 20 years would give you extra $160,134.00, assuming a 10% annual return.
MAYNE PHARMA INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2021, MAYNE PHARMA INC. 401(K) PLAN allocates $2,161,811.00 to match its employees' contributions, providing an employer match rate of 38.77% of their contributions
MAYNE PHARMA INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2021, the total retirement plan asset growth rate of MAYNE PHARMA INC. 401(K) PLAN is 16.68%.
MAYNE PHARMA INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2021, the estimated aggregate retirement account investment gain/loss for MAYNE PHARMA INC. 401(K) PLAN is 16.16%. This measures the effectiveness of the plan participants' investments in the year.
MAYNE PHARMA INC. 401(K) PLAN Expense Ratio
In 2021, the investment and administrative expense ratio of MAYNE PHARMA INC. 401(K) PLAN is 0.12%.
Enrollment Features
MAYNE PHARMA 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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