WHEATON VAN LINES, INC. & SUBSIDIARIES 401(K) PLAN Contribution & Employer Match
How WHEATON VAN LINES, INC. Supports Your Retirement Savings
WHEATON VAN LINES, INC. provides retirement savings benefits through WHEATON VAN LINES, INC. & SUBSIDIARIES 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.
WHEATON VAN LINES, INC. & SUBSIDIARIES 401(K) PLAN Average Participant Retirement Account Value
WHEATON VAN LINES, INC. & SUBSIDIARIES 401(K) PLAN Estimated Average Employee Contribution Amount
311,049.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 4,860.00 in WHEATON VAN LINES, INC. & SUBSIDIARIES 401(K) PLAN, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in WHEATON VAN LINES, INC. & SUBSIDIARIES 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.
WHEATON VAN LINES, INC. & SUBSIDIARIES 401(K) PLAN Total Employer Contribution and Match Rate
WHEATON VAN LINES, INC. & SUBSIDIARIES 401(K) PLAN Estimated Average Employer Match
Investing in this additonal $2,787.00 for 20 years would give you extra $178,368.00, 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.
WHEATON VAN LINES, INC. & SUBSIDIARIES 401(K) PLAN Contribution & Match Policy
WHEATON VAN LINES, INC. & SUBSIDIARIES 401(K) PLAN Contribution, Match and Other Plan Policies
- Eligible participants can elect to contribute up to 60% of their pretax annual compensation limited to a maximum as established by the Internal Revenue Service (IRS).
- 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 in the Plan.
- Automatically enrolled participants have their deferral rate set at 5% of eligible compensation (increased annually by a whole percentage point not to exceed 10%).
- Participants who have attained age 50 before the end of the Plan year are eligible to make catch-up contributions.
- The Company contributed a safe harbor, employer-matching contribution for 2024, as per the amended Plan document, which equals a match of 100% of employee contributions up to 5% of a participating employee’s qualifying compensation.
- Participants are immediately vested in their individual salary deferral contributions plus actual earnings thereon.
- Participants will vest in the Company’s safe harbor employer match immediately.
- Participants will vest in the Company’s discretionary employer-matching contributions based on years of credited service.
- A participant is 100% vested after five 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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