ARCHITECTS HAWAII, LTD. 401K PROFIT SHARING PLAN Contribution & Employer Match
ARCHITECTS HAWAII, LTD. 401K PROFIT SHARING PLAN Contribution & Employer Match
ARCHITECTS HAWAII, LTD. provides the following retirement savings benefits to its employees:
ARCHITECTS HAWAII, LTD. 401K PROFIT SHARING PLAN Average Participant Retirement Account Value
ARCHITECTS HAWAII, LTD. 401K PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
408,843.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 6,388.00 in ARCHITECTS HAWAII, LTD. 401K PROFIT SHARING PLAN, assuming a 10%* annual return.
2023 & 2024 401(k) contribution limits by IRS
Pretax and roth employee contributions | Employee and employer contributions combined | Catch-up contributions (in addition to the employee and employer combined limit, age 50 and over) | |
---|---|---|---|
401(k) contribution limit for 2023 | $22,500 | $66,000 | $7,500 |
401(k) contribution limit for 2024 | $23,000 | $69,000 | $7,500 |
$1,440,056: this is the amount you will have saved 20 years later if you contribute the maximum of $22,500 annually for 20 years, assuming a 10%* annual return.
$4,224,165: for those who can maximize employee and employer annual $66,000 contributions for 20 years, assuming a 10%* annual return, you will be 3 times richer!
Use the 401(k) Savings Calculator to determine how much your contributions will accumulate over time.
Employer match in ARCHITECTS HAWAII, LTD. 401K PROFIT SHARING PLAN
An employer match is deemed as ‘free’ money wherein your employer contributes additional funds to your allocated retirement savings plan. The matching amount can frequently be several percentage points of your compensation. Don’t avoid this free salary ‘raise’.
ARCHITECTS HAWAII, LTD. 401K PROFIT SHARING PLAN Total Employer Contribution and Match Rate
ARCHITECTS HAWAII, LTD. 401K PROFIT SHARING PLAN Estimated Average Employer Match
Investing in this additonal $4,798.00 for 20 years would give you extra $307,078.00, assuming a 10% annual return.
ARCHITECTS HAWAII, LTD. 401K PROFIT SHARING PLAN Contribution & Match Policy
1. Employee Contribution Rates: 3 percent of each participant's compensation.
2. Employer Match/Contribution Conditions: The employer may make matching contributions at the discretion of the Company's Board of Directors, not exceeding the maximum amount deductible under the Internal Revenue Code (IRC).
3. Vesting Schedule/Eligibility: Immediate vesting in participant contributions; 100% vested in employer match only if severance results from death. Eligibility for employer contributions requires one year of service and age 21.
Recent Articles
- Retirement Milestone Cheat Sheet
- Savings Hacks
- July 2025 MyPlanIQ Portfolio Update
- Annuity Income Payout vs. Invest & Withdraw
- What $1 Million Really Buys You in Retirement: Annuity vs. Investment Strategy
- Public Pay Might Be Higher Than You Think (Once You Do the Math)
- Why Managing Volatility Matters
- Stock Compensation 101: How People Build Wealth (or Blow It)
- Retirement Plan Contribution Limits in 2024
Free newsletters
High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more ...
Puzzled on what to invest?
- We ask a few questions to decide your personal return and risk expectations
- We build a custom portfolio for your plan (401(k), 403(b), 529 ...) or for a brokerage account
- We monitor and send timely rebalance emails on what investment funds to buy and sell
Looking for ideas to generate income?
- ETF or mutual fund income portfolios for 4-7% annual income
- Dividend stock funds
- Passive real estate investments
- more ...
Portfolio Calculator (Simulator)
Customize Asset Allocation Portfolios
Retirement Calculator
Investment Calculator
Looking for a (forgotten) 401(k)?
Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan ...