THE THOR EQUITIES, LLC 401(K) PLAN Contribution & Employer Match
How THOR EQUITIES, LLC Supports Your Retirement Savings
THOR EQUITIES, LLC provides retirement savings benefits through THE THOR EQUITIES, 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.
THE THOR EQUITIES, LLC 401(K) PLAN Average Participant Retirement Account Value
THE THOR EQUITIES, LLC 401(K) PLAN Estimated Average Employee Contribution Amount
278,676.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 4,354.00 in THE THOR EQUITIES, LLC 401(K) PLAN, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in THE THOR EQUITIES, 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.
THE THOR EQUITIES, LLC 401(K) PLAN Total Employer Contribution and Match Rate
THE THOR EQUITIES, LLC 401(K) PLAN Estimated Average Employer Match
Investing in this additonal $1,691.00 for 20 years would give you extra $108,251.00, 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 THOR EQUITIES, LLC 401(K) PLAN Contribution & Match Policy
THE THOR EQUITIES, LLC 401(K) PLAN Contribution, Match and Other Plan Policies
- Pursuant to Internal Revenue Code Section 401(k), a participant of the Plan may elect to have a percentage of his or her compensation, subject to limitations, contributed to the Plan.
- The Plan includes an auto-enrollment provision whereby all newly eligible employees are automatically enrolled in the Plan, unless they affirmatively elect not to participate, with a default deferral rate set at 3% of eligible compensation with an annual increase of 1% until it reaches 6%.
- Under the provisions of the Plan, the Company may contribute a discretionary matching contribution equal to 50% of each participant’s contribution not to exceed 6% of eligible compensation for the plan year (up to a maximum of $8,400).
- Vesting schedule: After 2 years of service: 20% 3 years: 40% 4 years: 60% 5 years: 80% 6 years: 100% Participants are immediately vested in their voluntary contributions and rollover contributions, plus actual earnings thereon.
- Vesting in the Sponsor’s matching contributions and earnings thereon occurs at the rate of 20% for each year of service, beginning after the second year of service.
- A participant is 100% vested after 6 years of credited service.
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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