STORAGE SOLUTIONS, INC. 401(K) PLAN Contribution & Employer Match

How STORAGE SOLUTIONS, INC. Supports Your Retirement Savings

STORAGE SOLUTIONS, INC. provides retirement savings benefits through STORAGE SOLUTIONS, 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.

STORAGE SOLUTIONS, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2024, the average participant retirement account value for STORAGE SOLUTIONS, INC. 401(K) PLAN is $78,850.00

STORAGE SOLUTIONS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2024, the estimated average employee contribution amount per participant for STORAGE SOLUTIONS, INC. 401(K) PLAN is $13,239.00. 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.
847,351.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 13,239.00 in STORAGE SOLUTIONS, INC. 401(K) PLAN, assuming a 10%* annual return.

* Data are from public filings.

Employer Match in STORAGE SOLUTIONS, 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.

STORAGE SOLUTIONS, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2024, STORAGE SOLUTIONS, INC. 401(K) PLAN allocates $658,301.00 to match its employees’ contributions, providing an employer match rate of 49.23% of their contributions

STORAGE SOLUTIONS, INC. 401(K) PLAN Estimated Average Employer Match

In 2024, the estimated average employer match for an employee in STORAGE SOLUTIONS, INC. 401(K) PLAN is approximately $3,258.00
Investing in this additonal $3,258.00 for 20 years would give you extra $208,570.00, 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.

STORAGE SOLUTIONS, INC. 401(K) PLAN Contribution & Match Policy

STORAGE SOLUTIONS, INC. 401(K) PLAN Plan Policies

STORAGE SOLUTIONS, INC. 401(K) PLAN Contribution, Match and Other Plan Policies

  • Participants may contribute up to 100% of pretax annual compensation as defined by the Plan, up to the maximum allowable under the Internal Revenue Code (IRC), or designate all or a portion of elective deferrals as Roth elective deferrals.
  • Participant contributions are presented net of prior-year corrective contributions distributed, if any.
  • Participants may also contribute amounts representing distributions from other qualified defined benefit or defined contribution plans in the form of rollovers.
  • The Plan elected to be a Safe Harbor plan and includes matching contributions calculated as 100% of participant deferrals that do not exceed 3% of eligible compensation, plus 50% of participant deferrals that exceed 3% of eligible compensation up to 5% of eligible compensation.
  • Employer Safe Harbor matching contributions were $658,301 in 2024.
  • Vesting schedule:
  • Less than 2 years: 0%

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:

 20242025
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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