HOPKINS SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN Contribution & Employer Match
How HOPKINS SCHOOL Supports Your Retirement Savings
HOPKINS SCHOOL provides retirement savings benefits through HOPKINS SCHOOL DEFINED CONTRIBUTION 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.
HOPKINS SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN Average Participant Retirement Account Value
HOPKINS SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN Estimated Average Employee Contribution Amount
215,572.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 3,368.00 in HOPKINS SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in HOPKINS SCHOOL DEFINED CONTRIBUTION 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.
HOPKINS SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN Total Employer Contribution and Match Rate
HOPKINS SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN Estimated Average Employer Match
Investing in this additonal $4,303.00 for 20 years would give you extra $275,454.00, 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.
HOPKINS SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN Contribution & Match Policy
HOPKINS SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN Contribution, Match and Other Plan Policies
- Each year, participants may make salary deferral contributions to the Plan equal to a percentage of their pre-tax annual compensation, as defined by the Plan, up to Code limits.
- Participants may designate all or a portion of their salary deferral contributions as Roth deferral contributions.
- Participants who have attained age 50 before the end of the Plan year are eligible to make catch-up contributions.
- The Plan has also elected to allow participants to make additional Code Section 403(b) Qualified Organization Catch-up Contributions provided they have completed at least 15 years of service.
- Participants may also contribute amounts representing distributions from other qualified defined benefit or defined contribution plans (rollover).
- The School makes nonelective contributions to the Plan based on the participant’s eligible compensation and years of credited service, as defined by the Plan, according to the following schedule: Contribution Years of Service percentage Less than or equal to 7 7% Greater than 7, but less than or equal to 21 10% Greater than 21, but less than or equal to 28 11% Greater than 28 12%
- Participants are vested immediately in all contributions to their account plus actual earnings thereon at all times.
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.
Get Key Insights for This Plan
Join our community and get data-driven insights about HOPKINS SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN. See how it compares to peer companies in fees, match generosity, and investment quality as soon as our new ranking reports go live.
Notify Me When Ratings Go LiveExplore More Plan Resources
Recent Articles
- Target’s 401(k) Review: 100% Match on 5% with Immediate Vesting
- Eversource 401(k) Plan Review: Choose Your Match — 3% or 8%, Immediate Vesting Either Way
- Delta’s 401(k): 9% Employer Contribution, 367 Funds, and a Smart Auto-Escalation Design
- Providence Health’s 100% Match on 6% and $600M Pay Raise: What Employees Need to Know
- Meta’s 401(k): 50% Match, Immediate Vesting, and $670M on the Table
- Making Sense of Mixed Signals
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
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 …
Portfolio Calculator (Simulator)
Customize Asset Allocation Portfolios
Retirement Calculator
Investment Calculator
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 …
Keep researching HOPKINS SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN
Use the links below to move from this plan page into calculators, related retirement articles, and comparable plans in a similar industry or size band. That gives you a faster way to compare match design, fees, investments, and savings strategy in context.
Related Calculators
- 401(k) Employer Match Calculator
- Investment Fee Impact Calculator
- Mega Backdoor Roth 401(k) Calculator
Related Plans
- THE HUN SCHOOL OF PRINCETON RETIREMENT PLAN (414 participants, $54,364,572)
- OLIVET COLLEGE DC RETIREMENT PLAN (414 participants, $23,874,406)
- THE RIVERS SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN (415 participants, $62,896,525)
- UNITED NATIONS INTERNATIONAL SCHOOL TAX DEFERRED ANNUITY PLAN (413 participants, $60,246,541)
- WILMINGTON FRIENDS SCHOOL 403(B) RETIREMENT PLAN (415 participants, $54,536,046)