PROTEUS DIGITAL HEALTH RETIREMENT TRUST Contribution & Employer Match

Overview
Contribution & Match
Investments
Login
Rollover

PROTEUS DIGITAL HEALTH RETIREMENT TRUST Contribution & Employer Match

PROTEUS DIGITAL HEALTH, INC. provides the following retirement savings benefits to its employees:

PROTEUS DIGITAL HEALTH RETIREMENT TRUST Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for PROTEUS DIGITAL HEALTH RETIREMENT TRUST is $5.00. If you contribute an amount exceeding this, you have saved more than your colleagues. Congratulations! Keep up the good work. Otherwise, you might want to consider contributing more to ensure a better retirement future.
356.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 5.00 in PROTEUS DIGITAL HEALTH RETIREMENT TRUST, 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 PROTEUS DIGITAL HEALTH RETIREMENT TRUST

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’.

PROTEUS DIGITAL HEALTH RETIREMENT TRUST Contribution & Match Policy

1. Employee Contribution Rates: Participants may contribute up to 100% of their eligible compensation pre-tax up to the limits imposed by Section 402(g) of the IRC.

2. Employer Match/Contribution Conditions: Due to Plan termination, there were no contributions for the period January 1, 2021, to November 23, 2021; however, participant contributions and employee matching are fully vested when made or earned.

3. Vesting Schedule/Eligibility: There is an immediate 100% vesting for all account balances due to Plan termination. All eligible employees may participate in the Plan upon hire.

Recent Articles

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

Get Started