ALTMEYER FUNERAL HOMES, INC. 401(K) PLAN Contribution & Employer Match
How ALTMEYER FUNERAL HOMES INC Supports Your Retirement Savings
ALTMEYER FUNERAL HOMES INC provides retirement savings benefits through ALTMEYER FUNERAL HOMES, INC. 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.
ALTMEYER FUNERAL HOMES, INC. 401(K) PLAN Average Participant Retirement Account Value
ALTMEYER FUNERAL HOMES, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
216,082.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 3,376.00 in ALTMEYER FUNERAL HOMES, INC. 401(K) PLAN, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in ALTMEYER FUNERAL HOMES, INC. 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.
ALTMEYER FUNERAL HOMES, INC. 401(K) PLAN Total Employer Contribution and Match Rate
ALTMEYER FUNERAL HOMES, INC. 401(K) PLAN Estimated Average Employer Match
Investing in this additonal $1,238.00 for 20 years would give you extra $79,234.00, 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.
ALTMEYER FUNERAL HOMES, INC. 401(K) PLAN Contribution & Match Policy
ALTMEYER FUNERAL HOMES, INC. 401(K) PLAN Contribution, Match and Other Plan Policies
- Employees may elect to contribute, through the 401(k) feature, a percentage or dollar amount of their compensation and have that amount contributed to the Plan on a pre-tax basis or designated as a post-tax Roth contribution.
- In addition, the employer may make a discretionary matching contribution equal to a uniform percentage or dollar amount of participants’ elective deferrals each Plan year.
- Each year, the employer will determine the formula for the discretionary matching contribution.
- Employees are always 100 percent vested in their accounts attributable to the following contributions: elective deferrals including catch-up contributions and rollover contributions. An employee’s vested percentage for certain employer contributions is based on vesting years of service. This means that, at the time employment ends, the participant’s balance attributable to contributions, subject to a vesting for schedule, is multiplied by the participant’s vested percentage. Employees become vested as follows: 0 percent
- Less than 2 years: 0%
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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