IRVIN AUTOMOTIVE PRODUCTS 401(K) PLAN Contribution & Employer Match
How IRVIN AUTOMOTIVE PRODUCTS LLC Supports Your Retirement Savings
IRVIN AUTOMOTIVE PRODUCTS LLC provides retirement savings benefits through IRVIN AUTOMOTIVE PRODUCTS 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.
IRVIN AUTOMOTIVE PRODUCTS 401(K) PLAN Average Participant Retirement Account Value
IRVIN AUTOMOTIVE PRODUCTS 401(K) PLAN Estimated Average Employee Contribution Amount
343,248.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 5,363.00 in IRVIN AUTOMOTIVE PRODUCTS 401(K) PLAN, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in IRVIN AUTOMOTIVE PRODUCTS 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.
IRVIN AUTOMOTIVE PRODUCTS 401(K) PLAN Total Employer Contribution and Match Rate
IRVIN AUTOMOTIVE PRODUCTS 401(K) PLAN Estimated Average Employer Match
Investing in this additonal $2,036.00 for 20 years would give you extra $130,339.00, 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.
IRVIN AUTOMOTIVE PRODUCTS 401(K) PLAN Contribution & Match Policy
1. Employee Contribution Rates: Up to 100% of pretax annual compensation.
2. Employer Match/Contribution Conditions: The employer matches 100% of a participant’s elective deferrals up to 3% of compensation and 50% of deferrals between 3% and 5% of compensation.
3. Vesting Schedule/Eligibility: Participants are immediately vested in their salary reduction and rollover contributions and in all employer matching contributions. Participants are considered 100% vested if they leave the Plan due to death, early or normal retirement, or disability retirement, as defined in the Plan.
4. It allows Roth 401(k) contributions.
IRVIN AUTOMOTIVE PRODUCTS 401(K) PLAN Maximum Match Calculator
This calculator helps to decide what’s the minimum contribution you have to maximize your employer match.
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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