ALLEIMA USA LLC 401(K) PLAN Contribution & Employer Match
How ALLEIMA USA LLC Supports Your Retirement Savings
ALLEIMA USA LLC provides retirement savings benefits through ALLEIMA USA LLC 401(K) PLAN. Understanding your employer’s contribution structure is essential — it directly affects how quickly your retirement nest egg grows. Below you will find the plan’s average account values and contribution patterns based on publicly filed data.
ALLEIMA USA LLC 401(K) PLAN Average Participant Retirement Account Value
ALLEIMA USA LLC 401(K) PLAN Estimated Average Employee Contribution Amount
683,218.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 10,675.00 in ALLEIMA USA LLC 401(K) PLAN, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in ALLEIMA USA LLC 401(K) PLAN
An employer match is one of the most valuable benefits in any 401(k) plan — it is essentially free money added to your retirement savings. Your employer contributes additional funds based on a percentage of your own contributions. Missing out on the full match is one of the most common and costly retirement mistakes employees make.
ALLEIMA USA LLC 401(K) PLAN Total Employer Contribution and Match Rate
ALLEIMA USA LLC 401(K) PLAN Estimated Average Employer Match
Investing in this additonal $5,858.00 for 20 years would give you extra $374,958.00, assuming a 10% annual return.
* Data are from public filings.
Are You Leaving Dollars on the Table?
If you are not contributing enough to capture the maximum employer match, you are literally turning down part of your compensation. For many plans, this can mean thousands of dollars per year in lost employer contributions — money that would compound over decades.
Use the policy details and calculator below to find out exactly how much you need to contribute to capture every dollar of employer matching.
ALLEIMA USA LLC 401(K) PLAN Contribution & Match Policy
ALLEIMA USA LLC 401(K) PLAN Contribution, Match and Other Plan Policies
- Each year, participants may contribute from 2% to 75% of their annual compensation to the Plan on a pre-tax or Roth basis and 2% to 6% on an after-tax basis.
- Total participant contributions cannot exceed 75% of compensation.
- Participants may also contribute amounts representing distributions from other qualified defined benefit or defined contribution plans.
- The Company contributes a matching contribution equal to 50% of the first 6% of a participant’s compensation.
- For employees covered under the Collective Bargaining agreement between the Employer and Local 130, the Company also made an automatic contribution of 2% of eligible compensation to each eligible employee in the Plan.
- For all other employees, the Company also made an automatic contribution of 5% of eligible compensation to each eligible employee in the Plan.
- Additionally, employees who were accruing benefits in the Sandvik Pension Plan immediately prior to the freeze of that plan effective June 30, 2021 will receive an automatic contribution from the Company of 7% of eligible compensation from July 1, 2021 through June 30, 2026.
- Catch-up contributions of $7,500 are permitted for participants greater than 50 years old.
- The Company contributes a matching contribution equal to 50% of the first 6% of a participant’s compensation.
- Participants are immediately vested in all contributions plus earnings thereon.
2025 IRS 401(k) Contribution Limits
The IRS sets annual limits on how much you and your employer can contribute to a 401(k) plan. Knowing these limits helps you maximize tax-advantaged savings. Here are the current limits:
| 2024 | 2025 | |
|---|---|---|
| Employee elective deferrals (pretax + Roth) | $23,000 | $23,500 |
| Employee + employer contributions combined | $69,000 | $70,000 |
| Catch-up contributions (age 50+) | $7,500 | $7,500 |
| Enhanced catch-up (ages 60–63, SECURE 2.0) | N/A | $11,250 |
The power of maxing out: If you contribute the full $23,500 annually for 20 years at a 10% average annual return, you would accumulate approximately $1,505,256. If you can maximize the combined employee+employer limit of $70,000 per year, that grows to roughly $4,480,385 over the same period — more than triple.
Use the 401(k) Savings Calculator to model your specific contribution scenario and see how your savings can grow over time.
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