HASELWOOD AUTO GROUP 401(K) PLAN Contribution & Employer Match
How HASELWOOD AUTO GROUP Supports Your Retirement Savings
HASELWOOD AUTO GROUP provides retirement savings benefits through HASELWOOD AUTO GROUP 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.
HASELWOOD AUTO GROUP 401(K) PLAN Average Participant Retirement Account Value
HASELWOOD AUTO GROUP 401(K) PLAN Estimated Average Employee Contribution Amount
217,283.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 3,395.00 in HASELWOOD AUTO GROUP 401(K) PLAN, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in HASELWOOD AUTO GROUP 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.
HASELWOOD AUTO GROUP 401(K) PLAN Total Employer Contribution and Match Rate
HASELWOOD AUTO GROUP 401(K) PLAN Estimated Average Employer Match
Investing in this additonal $1,040.00 for 20 years would give you extra $66,610.00, 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.
HASELWOOD AUTO GROUP 401(K) PLAN Contribution & Match Policy
HASELWOOD AUTO GROUP 401(K) PLAN Contribution, Match and Other Plan Policies
- Each year, participants may contribute up to 100% of eligible compensation, subject to the maximum dollar amounts allowed by law.
- The Plan includes an automatic enrollment feature, such that newly eligible employees who do not opt out will be automatically enrolled in the Plan upon satisfying the eligibility criteria, at a deferral rate of 5.00%.
- The Plan allows pretax contributions and Roth contributions as well as catch-up contributions for participants who are 50 years of age or older.
- The Companies elected to match 50% of deferrals, up to 5.00% of the eligible compensation for the year ended December 31, 2024.
- Participants are immediately vested in their elective deferrals plus actual earnings thereon.
- The portion of the participant’s account attributable to employer matching and discretionary contributions plus actual earnings thereon vests ratably over six years of credited service.
- Participants’ accounts become fully vested upon reaching normal retirement age.
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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