THE H. E. BUTT FOUNDATION 403(B) SAVINGS PLAN Contribution & Employer Match
How THE H. E. BUTT FOUNDATION Supports Your Retirement Savings
THE H. E. BUTT FOUNDATION provides retirement savings benefits through THE H. E. BUTT FOUNDATION 403(B) SAVINGS 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.
THE H. E. BUTT FOUNDATION 403(B) SAVINGS PLAN Average Participant Retirement Account Value
THE H. E. BUTT FOUNDATION 403(B) SAVINGS PLAN Estimated Average Employee Contribution Amount
132,240.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 2,066.00 in THE H. E. BUTT FOUNDATION 403(B) SAVINGS PLAN, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in THE H. E. BUTT FOUNDATION 403(B) SAVINGS 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.
THE H. E. BUTT FOUNDATION 403(B) SAVINGS PLAN Total Employer Contribution and Match Rate
THE H. E. BUTT FOUNDATION 403(B) SAVINGS PLAN Estimated Average Employer Match
Investing in this additonal $2,912.00 for 20 years would give you extra $186,417.00, 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.
THE H. E. BUTT FOUNDATION 403(B) SAVINGS PLAN Contribution & Match Policy
THE H. E. BUTT FOUNDATION 403(B) SAVINGS PLAN Contribution, Match and Other Plan Policies
- Each year, participants may contribute up to 100% of pretax annual compensation (either elective pretax contribution or as a Roth contribution), as defined in the Plan.
- When participants attain age 50 before the end of a calendar year, they may elect to defer additional amounts to the Plan as of January 1 of that year.
- For 2024, the Foundation contributed 6% of annual compensation to eligible employees.
- Vesting schedule: 1 year of service: 20% 2 years: 40% 3 years: 60% 4 years: 80% 5 years: 100% An active participant becomes fully vested on or after reaching normal retirement age, as defined by the Plan; upon death; or upon 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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