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Company:
Abraxis Bioscience LLC
Plan:
Abraxis Bioscience Savings and Retirement Plan
 

Abraxis Bioscience LLC

77 Plan: Abraxis Bioscience Savings and Retirement Plan

 
 
77
11
72
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (77) and the top rated plan (87) could equate to:
[How is this calculated?]
6 additional years of work
Up to $99,600 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Abraxis Bioscience Savings and Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 77. This plan is in the top 35% of plans for Company Generosity, Participation Rate, Salary Deferral, and Total Plan Cost. Abraxis Bioscience Savings and Retirement Plan currently has over 800 active participants and over $29.7M in plan assets.

 

 Retirement Plan Details

Address 11755 Wilshire Blvd, Suite 2000
Los Angeles, CA 90025-1525 
Industry Manufacturing
Administrator Dorothea Klein
Net Plan Assets $29,700,000
Total Participants 880
Avg Account Balance $34,000

 Top 3 Funds in this 401k

1. T. Rowe Price Summit Cash Reserves 14%
2. T. Rowe Price Retirement 2030 12%
3. T. Rowe Price Retirement 2020 11%

  Plan Service Providers

Administration Principal Financial Group
Insurance Advisor/Broker Wells Fargo (Wachovia)
Insurance Advisor/Broker MMC Securities Corp.
Corporate Trustee T. Rowe Price
Recordkeeper T. Rowe Price
Insurance Carrier Principal Financial Group
Auditor Cnm,LLP

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