ASCENTAGE PHARMA GROUP INC. 401(K) PLAN Contribution & Employer Match
How ASCENTAGE PHARMA GROUP INC. Supports Your Retirement Savings
ASCENTAGE PHARMA GROUP INC. provides retirement savings benefits through ASCENTAGE PHARMA GROUP 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.
ASCENTAGE PHARMA GROUP INC. 401(K) PLAN Average Participant Retirement Account Value
ASCENTAGE PHARMA GROUP INC. 401(K) PLAN Estimated Average Employee Contribution Amount
1,397,376.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 21,834.00 in ASCENTAGE PHARMA GROUP INC. 401(K) PLAN, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in ASCENTAGE PHARMA GROUP 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.
ASCENTAGE PHARMA GROUP INC. 401(K) PLAN Total Employer Contribution and Match Rate
ASCENTAGE PHARMA GROUP INC. 401(K) PLAN Estimated Average Employer Match
Investing in this additonal $8,458.00 for 20 years would give you extra $541,329.00, 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.
ASCENTAGE PHARMA GROUP INC. 401(K) PLAN Contribution & Match Policy
ASCENTAGE PHARMA GROUP INC. 401(K) PLAN Contribution, Match and Other Plan Policies
- Participants may elect to contribute a 100% of their eligible pre-tax compensation up to the amount allowable under current income tax regulations.
- Participants who have attained age 50 before the end of the Plan year may make additional catch-up contributions, subject to limitations imposed by the Internal Revenue Code (IRC).
- The Plan also includes an automatic enrollment provision where6% of eligible compensation is automatically withheld from participant compensation and invested on behalf of the participant unless the participant elects a different deferral percentage, including 0%.
- For participants automatically enrolled on or after May 15, 2019, the automatic deferral amount will increase by 1% each year, up to a maximum of 15% of compensation.
- The Company may, at its sole discretion, make a matching contribution on behalf of a participant if they make a "Matched Employee Contribution".
- A "Matched Employee Contribution" is any Elective Deferral Contribution, Catch-up Contribution or Voluntary Contribution that is made during the Plan Year.
- If a "Matched Employee Contribution" the Company may contribute to the participants Employer Matching Contribution Account in an amount and allocation formula as determined by the Company in its sole discretion.
- Participants are immediately vested in their elective deferral contributions, rollover contributions, and related earnings upon entering the Plan.
- Interest in employer contributions will vest based on years of vesting service with the following schedule: Years of Vesting Service Percentage Less than one year 0% One year but less than two years 25% Two years but less than three years 50% Three years but less than four years 75% Four or more years 100% Participants will become fully (100%) vested upon attainment of Normal Retirement Age while an employee, death while an employee, or becoming disabled while an employee.
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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