Abraxis Bioscience Llc 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2009. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Abraxis Bioscience Llc 401(k) Plan Facts (plan year 2009)

Plan name
ABRAXIS BIOSCIENCE SAVINGS AND RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ABRAXIS BIOSCIENCE LLC
Participants
727 (807 active employees)
Former employees with a balance
73
Plan assets
$29,791,300 at Dec 31, 2009
Average account balance
$34,601 across 861 accounts
Employer contributions
$2,202,150 in plan year 2009 (29% of all contributions)
Plan year
Jan 1, 2009 – Dec 31, 2009
Plan established
Jun 1, 1998
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2009 (Jan 1, 2009 – Dec 31, 2009), filed Oct 17, 2010. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2009

  • $7.68 million went into the plan in contributions, $2.20 million of it from the employer (29%).
  • $1.52 million was paid out to participants.
  • Investment and other income added $5.33 million.
  • Administrative expenses were $4,356, about $5 per account.

Abraxis Bioscience Llc 401(k) Contact Information

Phone
310-883-1300
Mailing address
11755 WILSHIRE BLVD, SUITE 2000, LOS ANGELES CA 90025
Plan sponsor
ABRAXIS BIOSCIENCE LLC
Employer identification number (EIN)
39-2060751
Plan number
001

Questions about the Abraxis Bioscience Llc 401(k)

Is the Abraxis Bioscience Llc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2009, and no later filing was found under this employer's EIN.

Does Abraxis Bioscience Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2009 the employer contributed $2.20 million, 29% of all contributions.

Does the Abraxis Bioscience Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Abraxis Bioscience Llc 401(k) plan?

727 participants at the start of plan year 2009, 807 of them active employees, and 73 former employees who still had money in the plan.

What is the average 401(k) balance at Abraxis Bioscience Llc?

About $34,601 per account: $29.8 million in plan assets across 861 accounts with a balance at the end of plan year 2009.

Who manages the Abraxis Bioscience Llc 401(k) accounts?

T. Rowe Price is the plan's recordkeeper, which is where participants log in to see their balance.

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