MORTON GROVE PHARMACEUTICAL, INC. 401(K) PLAN
Plan Contact
- Address: 6451 WEST MAIN STREET,MORTON GROVE,IL
- Contact person: ELIZABETH SHAPIRO
- Phone: (847) 410-6769
Plan General Information
MORTON GROVE PHARMACEUTICAL, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2022, the total retirement plan assets of MORTON GROVE PHARMACEUTICAL, INC. 401(K) PLAN is $12,246,705.00.This plan was established in 1994.
MORTON GROVE PHARMACEUTICAL, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2022, the total number of retirement plan participants in MORTON GROVE PHARMACEUTICAL, INC. 401(K) PLAN is 237
MORTON GROVE PHARMACEUTICAL, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2022, the average participant retirement account value for MORTON GROVE PHARMACEUTICAL, INC. 401(K) PLAN is $51,673.00
MORTON GROVE PHARMACEUTICAL, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2022, the estimated average employee contribution amount per participant for MORTON GROVE PHARMACEUTICAL, INC. 401(K) PLAN is $3,052.00.
MORTON GROVE PHARMACEUTICAL, INC. 401(K) PLAN Estimated Average Employer Match
In 2022, the estimated average employer match for an employee in MORTON GROVE PHARMACEUTICAL, INC. 401(K) PLAN is approximately $1,366.00
Investing in this additonal $1,366.00 for 20 years would give you extra $87,470.00, assuming a 10% annual return.
Investing in this additonal $1,366.00 for 20 years would give you extra $87,470.00, assuming a 10% annual return.
MORTON GROVE PHARMACEUTICAL, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2022, MORTON GROVE PHARMACEUTICAL, INC. 401(K) PLAN allocates $323,914.00 to match its employees' contributions, providing an employer match rate of 43.31% of their contributions
MORTON GROVE PHARMACEUTICAL, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2022, the total retirement plan asset growth rate of MORTON GROVE PHARMACEUTICAL, INC. 401(K) PLAN is -28.99%.
MORTON GROVE PHARMACEUTICAL, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2022, the estimated aggregate retirement account investment gain/loss for MORTON GROVE PHARMACEUTICAL, INC. 401(K) PLAN is -16.42%. This measures the effectiveness of the plan participants' investments in the year.
MORTON GROVE PHARMACEUTICAL, INC. 401(K) PLAN Expense Ratio
In 2022, the investment and administrative expense ratio of MORTON GROVE PHARMACEUTICAL, INC. 401(K) PLAN is 0.32%.
Enrollment Features
MORTON GROVE PHARMACEUTICAL, 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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