CHROMA TECHNOLOGY CORP 401(K) RETIREMENT PLAN Contribution & Employer Match
How CHROMA TECHNOLOGY CORP Supports Your Retirement Savings
CHROMA TECHNOLOGY CORP provides retirement savings benefits through CHROMA TECHNOLOGY CORP 401(K) RETIREMENT 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.
CHROMA TECHNOLOGY CORP 401(K) RETIREMENT PLAN Average Participant Retirement Account Value
CHROMA TECHNOLOGY CORP 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount
395,290.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 6,176.00 in CHROMA TECHNOLOGY CORP 401(K) RETIREMENT PLAN, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in CHROMA TECHNOLOGY CORP 401(K) RETIREMENT 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.
CHROMA TECHNOLOGY CORP 401(K) RETIREMENT PLAN Total Employer Contribution and Match Rate
CHROMA TECHNOLOGY CORP 401(K) RETIREMENT PLAN Estimated Average Employer Match
Investing in this additonal $4,827.00 for 20 years would give you extra $308,990.00, 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.
CHROMA TECHNOLOGY CORP 401(K) RETIREMENT PLAN Contribution & Match Policy
CHROMA TECHNOLOGY CORP 401(K) RETIREMENT PLAN Contribution, Match and Other Plan Policies
- Participants may contribute up to 100% of eligible compensation as defined in the Plan, limited to a maximum amount as set by the Internal Revenue Service (IRS).
- Roth contributions are also allowed.
- Upon reaching eligibility, participants are automatically enrolled in the Plan at a 3% deferral rate, unless they elect a different percentage or not to participate.
- Participants who have attained the age of 50 before the end of the plan year may contribute an additional amount set by the IRS.
- The Company makes a safe harbor contribution.
- For the years ended April 30, 2025 and 2024, the safe harbor contribution was 3% of eligible compensation, as defined by the Plan.
- The Company may also contribute a discretionary profit-sharing contribution for each eligible employee of the Company.
- The discretionary profit-sharing contribution was 3% of eligible compensation for the years ended April 30, 2025 and 2024.
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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