What is AIR CONTROL SYSTEMS, INC. 401(K) RETIREMENT PLAN's employer match?

In 2024, AIR CONTROL SYSTEMS, INC. 401(K) RETIREMENT PLAN reported $645,583 in employer contributions. That is about 53.0% of reported employee contributions.

How many participants are in AIR CONTROL SYSTEMS, INC. 401(K) RETIREMENT PLAN?

At the end of 2024, AIR CONTROL SYSTEMS, INC. 401(K) RETIREMENT PLAN reported 190 plan participants.

What are AIR CONTROL SYSTEMS, INC. 401(K) RETIREMENT PLAN's total assets?

At the end of 2024, AIR CONTROL SYSTEMS, INC. 401(K) RETIREMENT PLAN reported total plan assets of $11,700,081.

What are the investment options in AIR CONTROL SYSTEMS, INC. 401(K) RETIREMENT PLAN?

MyPlanIQ tracks the investment lineup for AIR CONTROL SYSTEMS, INC. 401(K) RETIREMENT PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/air-control-systems-inc-401k-retirement-plan/

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Q: When was AIR CONTROL SYSTEMS, INC. 401(K) RETIREMENT PLAN established?

AIR CONTROL SYSTEMS, INC. 401(K) RETIREMENT PLAN was established in 2015.

AIR CONTROL SYSTEMS, INC. 401(K) RETIREMENT PLAN

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AIR CONTROL SYSTEMS, INC. 401(K) RETIREMENT PLAN Average Participant Retirement Account Value

In 2024, the average participant retirement account value for AIR CONTROL SYSTEMS, INC. 401(K) RETIREMENT PLAN is $61,579.00

AIR CONTROL SYSTEMS, INC. 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2024, the estimated average employee contribution amount per participant for AIR CONTROL SYSTEMS, INC. 401(K) RETIREMENT PLAN is $6,784.00. 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.
434,234.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 6,784.00 in AIR CONTROL SYSTEMS, INC. 401(K) RETIREMENT PLAN, assuming a 10%* annual return.

2023 & 2024 401(k) contribution limits by IRS

	Pretax and roth employee contributions	Employee and employer contributions combined	Catch-up contributions (in addition to the employee and employer combined limit, age 50 and over)
401(k) contribution limit for 2023	$22,500	$66,000	$7,500
401(k) contribution limit for 2024	$23,000	$69,000	$7,500

$1,440,056: this is the amount you will have saved 20 years later if you contribute the maximum of $22,500 annually for 20 years, assuming a 10%* annual return.

$4,224,165: for those who can maximize employee and employer annual $66,000 contributions for 20 years, assuming a 10%* annual return, you will be 3 times richer!

Use the 401(k) Savings Calculator to determine how much your contributions will accumulate over time.

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