Plan Snapshot
- Plan Sponsor: Alvotech Us INC.
- Sponsor EIN: 834239880
- Sponsor Address: 1602 VILLAGE MARKET BLVD. SE, LEESBURG, VA, 20175
- Plan Type: 401(k)
- Total Participants: 14
- Total Assets: $3.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 14 | $3.7M | $193,688 | $227,943 |
| 2023 | 13 | $3.5M | $278,835 | $378,484 |
| 2022 | 25 | $2.7M | $221,255 | $258,421 |