MOZILLA CORPORATION 401(K) PLAN Contribution & Employer Match
MOZILLA CORPORATION 401(K) PLAN Contribution & Employer Match
MOZILLA CORPORATION provides the following retirement savings benefits to its employees:
MOZILLA CORPORATION 401(K) PLAN Average Participant Retirement Account Value
MOZILLA CORPORATION 401(K) PLAN Estimated Average Employee Contribution Amount
632,228.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 9,878.00 in MOZILLA CORPORATION 401(K) 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 MOZILLA CORPORATION 401(K) 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’.
MOZILLA CORPORATION 401(K) PLAN Total Employer Contribution and Match Rate
MOZILLA CORPORATION 401(K) PLAN Estimated Average Employer Match
Investing in this additonal $5,796.00 for 20 years would give you extra $370,982.00, assuming a 10% annual return.
MOZILLA CORPORATION 401(K) PLAN Contribution & Match Policy
1. Employee Contribution Rates: Participants may elect to contribute annually not to exceed 90% of their annual pretax eligible compensation up to a maximum of $20,500 for 2022.
2. Employer Match/Contribution Conditions:
3. - Discretionary matching contributions may be up to 4% of eligible compensation.
4. Vesting Schedule/Eligibility: Participants become 100% immediately vested in all their accounts upon contribution. All full-time regular employees are eligible to enter the Plan on the first of the month following their date of hire, while Fixed Term and Seasonal employees must attain age 21 and complete 1,000 hours of service.
5. Roth 401(k) contribution: (No information provided regarding Roth 401(k) contributions)
Recent Articles
- 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
- Lazy Portfolios Aren't Lazy in Growing Wealth
- Lazy Portfolios in Different Market Conditions
- Tax-Efficient Lazy Portfolios
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 ...