RICHELSON CONTROL GROUP 401(K) PLAN Contribution & Employer Match
How EUGENE THERAPY, LLC Supports Your Retirement Savings
EUGENE THERAPY, LLC provides retirement savings benefits through RICHELSON CONTROL GROUP 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.
RICHELSON CONTROL GROUP 401(K) PLAN Average Participant Retirement Account Value
RICHELSON CONTROL GROUP 401(K) PLAN Estimated Average Employee Contribution Amount
252,491.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 3,945.00 in RICHELSON CONTROL GROUP 401(K) PLAN, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in RICHELSON CONTROL GROUP 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.
RICHELSON CONTROL GROUP 401(K) PLAN Total Employer Contribution and Match Rate
RICHELSON CONTROL GROUP 401(K) PLAN Estimated Average Employer Match
Investing in this additonal $232.00 for 20 years would give you extra $14,866.00, 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.
RICHELSON CONTROL GROUP 401(K) PLAN Contribution & Match Policy
RICHELSON CONTROL GROUP 401(K) PLAN Contribution, Match and Other Plan Policies
- Prior to the Plan being frozen, participants could contribute an amount up to the maximum dollar amount permissible under the Internal Revenue Code (the Code).
- The Plan allowed participants to contribute up to 90% of their eligible pay.
- Participant contributions included pre-tax deferrals, Roth deferrals, and rollover contributions.
- Eligible employees could enroll after the first day of the month following their eligibility date.
- Participants who had attained age 50 before the end of the plan year could make additional catch-up contributions, subject to limitations imposed by the Code.
- Prior to the Plan being frozen, the Company made a matching contribution equal to 25% of participant deferrals up to 4% of eligible compensation as defined in the Plan document.
- Participants were immediately vested in their salary deferral contributions, rollover contributions, employer matching contributions, employer discretionary contributions, if any, and earnings thereon.
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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