BAILLIE LUMBER CO., L.P. 401(K) PLAN Contribution & Employer Match
How BAILLIE LUMBER CO., L.P. Supports Your Retirement Savings
BAILLIE LUMBER CO., L.P. provides retirement savings benefits through BAILLIE LUMBER CO., L.P. 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.
BAILLIE LUMBER CO., L.P. 401(K) PLAN Average Participant Retirement Account Value
BAILLIE LUMBER CO., L.P. 401(K) PLAN Estimated Average Employee Contribution Amount
215,726.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 3,370.00 in BAILLIE LUMBER CO., L.P. 401(K) PLAN, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in BAILLIE LUMBER CO., L.P. 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.
BAILLIE LUMBER CO., L.P. 401(K) PLAN Total Employer Contribution and Match Rate
BAILLIE LUMBER CO., L.P. 401(K) PLAN Estimated Average Employer Match
Investing in this additonal $496.00 for 20 years would give you extra $31,780.00, 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.
BAILLIE LUMBER CO., L.P. 401(K) PLAN Contribution & Match Policy
BAILLIE LUMBER CO., L.P. 401(K) PLAN Contribution, Match and Other Plan Policies
- Each eligible employee may make pre-tax and Roth contributions to the Plan in the form of a 1% to 90% salary reduction limited to statutory limits.
- The Plan also accepts participant rollover contributions from other qualified plans.
- Eligible employees are automatically enrolled in the plan at 5% of the contributing employee’s compensation, as defined by the Plan, as well as a 1% annual automatic increase up to 10% of compensation, unless the participant makes an election indicating otherwise.
- The Companies declared a discretionary matching employer contribution equal to 35% of the participant’s deferral up to 4% of compensation for eligible employees (except for those employed by Hawkeye Forest Products, L.P.
- and Greene Lumber Co., L.P.) for the year ended December 31, 2024.
- A discretionary matching contribution was also declared equal to 100% of the first 3% of contributed compensation and 50% of the next 2% of contributed compensation for the benefit of eligible Greene Lumber Co., L.P.
- employees for the year ended December 31, 2024.
- A discretionary matching contribution was also declared equal to 50% of the first 4% of contributed compensation for the benefit of eligible Hawkeye Forest Products, L.P.
- employees for the year ended December 31, 2024.
- Participants are fully vested in their elective deferrals at all times and become 100% vested in the employer discretionary matching contributions after three years of eligible service.
- Participants become 100% vested in additional discretionary employer contributions on a graded vesting schedule after six years of eligible service.
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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