KPC MEDIA GROUP, INC. 401(K) RETIREMENT PLAN Contribution & Employer Match
KPC MEDIA GROUP, INC. 401(K) RETIREMENT PLAN Contribution & Employer Match
KPC MEDIA GROUP, INC. provides the following retirement savings benefits to its employees:
KPC MEDIA GROUP, INC. 401(K) RETIREMENT PLAN Average Participant Retirement Account Value
KPC MEDIA GROUP, INC. 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount
24,653.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 385.00 in KPC MEDIA GROUP, INC. 401(K) RETIREMENT PLAN, assuming a 10%* annual return.
2023 & 2024 401(k) contribution limits by IRS
| Pretax and roth employee contributions | Employee and employer contributions combined | Catch-up contributions (in addition to the employee and employer combined limit, age 50 and over) | |
|---|---|---|---|
| 401(k) contribution limit for 2023 | $22,500 | $66,000 | $7,500 |
| 401(k) contribution limit for 2024 | $23,000 | $69,000 | $7,500 |
$1,440,056: this is the amount you will have saved 20 years later if you contribute the maximum of $22,500 annually for 20 years, assuming a 10%* annual return.
$4,224,165: for those who can maximize employee and employer annual $66,000 contributions for 20 years, assuming a 10%* annual return, you will be 3 times richer!
Use the 401(k) Savings Calculator to determine how much your contributions will accumulate over time.
Employer match in KPC MEDIA GROUP, INC. 401(K) RETIREMENT PLAN
An employer match is deemed as ‘free’ money wherein your employer contributes additional funds to your allocated retirement savings plan. The matching amount can frequently be several percentage points of your compensation. Don’t avoid this free salary ‘raise’.
KPC MEDIA GROUP, INC. 401(K) RETIREMENT PLAN Contribution & Match Policy
1. Employee Contribution Rates: Employees can contribute up to 50% of their salary to the plan.
2. Employer Match/Contribution Conditions: The employer matches 100% of the employee's contributions up to 4% of their salary.
3. Vesting Schedule/Eligibility: The vesting schedule for employer contributions is three years of service for full vesting. Employees must work at least 1,000 hours per year to be eligible.
4. Roth 401(k) contribution: Yes, the plan allows Roth 401(k) contributions.
Recent Articles
- Navigating the ExxonMobil Savings Plan: A Guide to Low-Cost Index Investing
- Cadence Design Systems Inc. 401(k): A Plan with Low-Cost Target Date and Index Funds
- Warren Buffett's Phenomenal Run: The Oracle May Retire, But His Legacy Endures
- May 2025 MyPlanIQ Portfolio Update
- One Fund Does It All
- Target Date Funds for Young Professionals
- Top 10 Target Date Fund Providers for Retirement Investing
- The One-Fund 401(k) Portfolio: Simple Yet Does Its Job
- Roth IRAs for Retirees
Free newsletters
High quality resources for 401k, 403b, 529 retirement plans on investment, contribution, fees, retirement planning and much more ...
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 ...