SHOCKWAVE MEDICAL, INC. 401(K) PLAN Contribution & Employer Match
How SHOCKWAVE MEDICAL, INC. Supports Your Retirement Savings
SHOCKWAVE MEDICAL, INC. provides retirement savings benefits through SHOCKWAVE MEDICAL, INC. 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.
SHOCKWAVE MEDICAL, INC. 401(K) PLAN Average Participant Retirement Account Value
SHOCKWAVE MEDICAL, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
908,967.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 14,202.00 in SHOCKWAVE MEDICAL, INC. 401(K) PLAN, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in SHOCKWAVE MEDICAL, INC. 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.
SHOCKWAVE MEDICAL, INC. 401(K) PLAN Total Employer Contribution and Match Rate
SHOCKWAVE MEDICAL, INC. 401(K) PLAN Estimated Average Employer Match
Investing in this additonal $3,270.00 for 20 years would give you extra $209,333.00, 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.
SHOCKWAVE MEDICAL, INC. 401(K) PLAN Contribution & Match Policy
SHOCKWAVE MEDICAL, INC. 401(K) PLAN Contribution, Match and Other Plan Policies
- Participants may elect to contribute up to 90% of their eligible compensation subject to the maximum allowed under section 401(k) of the Internal Revenue Code.
- Participants who have attained age 50 before the end of the Plan period can elect to contribute up to 90% of eligible compensation as catch-up contributions.
- The Plan includes an automatic enrollment provision whereby all newly eligible employees are automatically enrolled in the Plan unless they affirmatively elect not to participate in the Plan.
- Automatically enrolled participants have their deferral rates set initially at 5% of eligible compensation.
- The Plan includes a provision to allow after-tax contributions at a limit of 90% of employee’s eligible compensation.
- The Plan provides for discretionary employer matching contributions to be determined by the Plan Sponsor.
- The Company has the right to discontinue and reinstate the discretionary employer matching contributions.
- For the period ended May 7, 2025, the Plan Sponsor elected to not make any matching contributions.
- Participants are immediately vested in their contributions, including rollovers of funds from other qualified retirement plans and earnings thereon.
- Participants are immediately vested in employer matching contributions.
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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