RIGHTWORKS, LLC 401(K) PLAN Contribution & Employer Match
How RIGHTWORKS, LLC Supports Your Retirement Savings
RIGHTWORKS, LLC provides retirement savings benefits through RIGHTWORKS, LLC 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.
RIGHTWORKS, LLC 401(K) PLAN Average Participant Retirement Account Value
RIGHTWORKS, LLC 401(K) PLAN Estimated Average Employee Contribution Amount
788,903.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 12,326.00 in RIGHTWORKS, LLC 401(K) PLAN, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in RIGHTWORKS, LLC 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.
RIGHTWORKS, LLC 401(K) PLAN Total Employer Contribution and Match Rate
RIGHTWORKS, LLC 401(K) PLAN Estimated Average Employer Match
Investing in this additonal $3,114.00 for 20 years would give you extra $199,338.00, 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.
RIGHTWORKS, LLC 401(K) PLAN Contribution & Match Policy
RIGHTWORKS, LLC 401(K) PLAN Contribution, Match and Other Plan Policies
- The Plan provides for employee pre-tax and after-tax Roth deferral contributions.
- Participants may contribute up to their eligible W-2 compensation, which includes pre-tax elective deferral contributions.
- Pre-tax contributions are subject to limitations under federal law of $23,000 and $22,500 for the Plan years ended December 31, 2024 and 2023, respectively.
- The Plan also accepts certain eligible rollover contributions from other qualified plans.
- The Plan also provides that participants who are projected to be age 50 or older by the end of the calendar year and who are making deferral contributions to the Plan could also make a catch-up contribution of $7,500 and $7,500 for 2024 and 2023, respectively.
- The Company provides a safe harbor matching contribution.
- The safe harbor matching contribution equals 100% of the participant’s compensation up to 4% which is deferred as an elective deferral.
- Participants are immediately 100% vested in their deferral and safe harbor matching contributions plus actual earnings thereon.
- Nonelective contributions and earnings are vested based on years of service.
- A year of service is defined as one calendar year with at least 1,000 hours of service.
- Hours of service credited are calculated by using the equivalency method.
- For each month in which there is an hour of service credited, the participant will receive 190 hours of service.
- For nonelective contributions, participants become 20% vested after two years of service, 40% vested after three years of service, 60% vested after four years of service, 80% vested after five years of service, and 100% vested after six years of service.
- A participant will be fully vested upon an occurrence of death or disability.
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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