BULLIVANT HOUSER BAILEY PC 401(K) PROFIT SHARING PLAN AND TRUST Contribution & Employer Match

BULLIVANT HOUSER BAILEY PC 401(K) PROFIT SHARING PLAN AND TRUST Contribution & Employer Match

BULLIVANT HOUSER BAILEY PC provides the following retirement savings benefits to its employees:

BULLIVANT HOUSER BAILEY PC 401(K) PROFIT SHARING PLAN AND TRUST Average Participant Retirement Account Value

In 2023, the average participant retirement account value for BULLIVANT HOUSER BAILEY PC 401(K) PROFIT SHARING PLAN AND TRUST is $275,073.00

BULLIVANT HOUSER BAILEY PC 401(K) PROFIT SHARING PLAN AND TRUST Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for BULLIVANT HOUSER BAILEY PC 401(K) PROFIT SHARING PLAN AND TRUST is $6,622.00. If you contribute an amount exceeding this, you have saved more than your colleagues. Congratulations! Keep up the good work. Otherwise, you might want to consider contributing more to ensure a better retirement future.
423,859.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 6,622.00 in BULLIVANT HOUSER BAILEY PC 401(K) PROFIT SHARING PLAN AND TRUST, assuming a 10%* annual return.

2023 & 2024 401(k) contribution limits by IRS

 Pretax and roth employee contributionsEmployee and employer contributions combinedCatch-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 BULLIVANT HOUSER BAILEY PC 401(K) PROFIT SHARING PLAN AND TRUST

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’.

BULLIVANT HOUSER BAILEY PC 401(K) PROFIT SHARING PLAN AND TRUST Total Employer Contribution and Match Rate

In 2023, BULLIVANT HOUSER BAILEY PC 401(K) PROFIT SHARING PLAN AND TRUST allocates $580,425.00 to match its employees' contributions, providing an employer match rate of 35.70% of their contributions

BULLIVANT HOUSER BAILEY PC 401(K) PROFIT SHARING PLAN AND TRUST Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in BULLIVANT HOUSER BAILEY PC 401(K) PROFIT SHARING PLAN AND TRUST is approximately $2,249.00
Investing in this additonal $2,249.00 for 20 years would give you extra $143,981.00, assuming a 10% annual return.

BULLIVANT HOUSER BAILEY PC 401(K) PROFIT SHARING PLAN AND TRUST Contribution & Match Policy

1. Employee Contribution Rates: Participants may voluntarily contribute up to 65% of their eligible compensation, limited to $20,500 in 2022 and $19,500 in 2021.

2. Employer Match/Contribution Conditions: The Company may make matching contributions of 100% of a participant’s elective deferrals not to exceed $1,000.

3. Vesting Schedule/Eligibility: Employees are eligible for matching contributions if they have completed one year of service and are employed at the end of the calendar year. Employees are eligible for discretionary profit-sharing contributions if they have completed two years of service and are employed at the end of the calendar year.

4. Roth 401(k) Contribution: The Plan allows participants to designate contributions as Roth contributions.

Recent Articles

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

Get Started

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 ...

Click for tips and plans for income

Portfolio Calculator (Simulator)

Quickly enter fund allocation and get a back test result on the performance of this 'lazy' portfolio.

Customize Asset Allocation Portfolios

Build a custom model portfolio using our asset strategic or tactical strategies, tailored to a 401(k) plan or for a brokerage account.

Retirement Calculator

See how much you can save for retirement.

Investment Calculator

Grow your wealth and see the power of compounding.


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 ...