BRAUN’S EXPRESS, INC. 401(K) PLAN Contribution & Employer Match
How BRAUN’S EXPRESS, INC. Supports Your Retirement Savings
BRAUN’S EXPRESS, INC. provides retirement savings benefits through BRAUN’S EXPRESS, 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.
BRAUN’S EXPRESS, INC. 401(K) PLAN Average Participant Retirement Account Value
BRAUN’S EXPRESS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
44,364.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 693.00 in BRAUN’S EXPRESS, INC. 401(K) PLAN, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in BRAUN’S EXPRESS, 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.
* 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.
BRAUN’S EXPRESS, INC. 401(K) PLAN Contribution & Match Policy
BRAUN’S EXPRESS, INC. 401(K) PLAN Contribution, Match and Other Plan Policies
- Upon meeting eligibility requirements participants may contribute up to 100% of their plan compensation on a pre-tax or after-tax ("Roth") basis, subject to Internal Revenue Code ("IRC") limitations.
- Participants who are at least 50 may make an additional "catch up" contribution subject to IRC limitations.
- Participants may also contribute funds from another qualified plan ("rollover contributions"), subject to certain requirements.
- All new participants are automatically enrolled at a contribution rate of 1% of plan compensation, unless they opt out.
- Participant contributions may be matched by the Company at a percentage of the participants’ contributions, as determined by the Company.
- The Company may also elect to make a discretionary non-elective contribution.
- Employees must have completed 1,000 hours during the plan year and be employed on the last day of the plan year to be eligible for Company contributions.
- The Company did not make a matching or non-elective contribution for the 2024 plan year.
- Participants are fully vested in that portion of their account which represents their contributions and the income earned thereon.
- Participants become 100% vested in the Company’s contributions and earnings thereon upon death, total and permanent disability, or attainment of early retirement age.
- Otherwise, a participant’s interest in the Company’s contributions and earnings thereon vests according to the following schedule: Completed Years of Service Percent Vested 1 year 0% 2 years 20% 3 years 40% 4 years 60% 5 years 80% 6 or more years 100%
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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