COLLIFLOWER INC. 401K PROFIT SHARING PLAN & TRUST Contribution & Employer Match
How COLLIFLOWER INC. Supports Your Retirement Savings
COLLIFLOWER INC. provides retirement savings benefits through COLLIFLOWER INC. 401K PROFIT SHARING PLAN & TRUST. 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.
COLLIFLOWER INC. 401K PROFIT SHARING PLAN & TRUST Average Participant Retirement Account Value
COLLIFLOWER INC. 401K PROFIT SHARING PLAN & TRUST Estimated Average Employee Contribution Amount
543,173.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 8,487.00 in COLLIFLOWER INC. 401K PROFIT SHARING PLAN & TRUST, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in COLLIFLOWER INC. 401K PROFIT SHARING PLAN & TRUST
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.
COLLIFLOWER INC. 401K PROFIT SHARING PLAN & TRUST Total Employer Contribution and Match Rate
COLLIFLOWER INC. 401K PROFIT SHARING PLAN & TRUST Estimated Average Employer Match
Investing in this additonal $2,287.00 for 20 years would give you extra $146,431.00, 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.
COLLIFLOWER INC. 401K PROFIT SHARING PLAN & TRUST Contribution & Match Policy
COLLIFLOWER INC. 401K PROFIT SHARING PLAN & TRUST Contribution, Match and Other Plan Policies
- Participants may elect to defer up to the maximum amount of pretax annual compensation, as defined by the Plan, not to exceed limitations set by the Internal Revenue Code (IRC).
- Participants who turn 50 years old before the end of the Plan year are eligible to make catch-up contributions.
- Effective May 1, 2025, the Plan contains an automatic enrollment feature with an initial contribution amount of 3%.
- The Company may make discretionary matching contributions on elective deferrals or discretionary profit-sharing contributions as it determines.
- Participants are immediately vested in their voluntary contributions and Company contributions required by the Davis-Bacon Act plus earnings thereon.
- A participant is 20% vested after two years of service and fully vested in Company contributions after six years of credited service.
- Participants are automatically fully vested upon attainment of early retirement (age 55 and at least six years of service), disability, death, or termination of the Plan.
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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