What is ALCAN 401K PLAN FORMERLY PPPI's employer match?

In 2006, ALCAN 401K PLAN FORMERLY PPPI reported $5,602,078 in employer contributions. That is about 51.8% of reported employee contributions.

How many participants are in ALCAN 401K PLAN FORMERLY PPPI?

At the end of 2006, ALCAN 401K PLAN FORMERLY PPPI reported 2,231 plan participants.

What are ALCAN 401K PLAN FORMERLY PPPI's total assets?

At the end of 2006, ALCAN 401K PLAN FORMERLY PPPI reported total plan assets of $200,790,683.

When was ALCAN 401K PLAN FORMERLY PPPI established?

ALCAN 401K PLAN FORMERLY PPPI was established in 1999.

What are the investment options in ALCAN 401K PLAN FORMERLY PPPI?

MyPlanIQ tracks the investment lineup for ALCAN 401K PLAN FORMERLY PPPI on its investment options page: https://www.myplaniq.com/invest/planinvestments/alcan-401k-plan-formerly-pppi/

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ALCAN 401K PLAN FORMERLY PPPI

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Contribution & Savings

ALCAN 401K PLAN FORMERLY PPPI Average Participant Retirement Account Value

In 2006, the average participant retirement account value for ALCAN 401K PLAN FORMERLY PPPI is $90,000.00

ALCAN 401K PLAN FORMERLY PPPI Estimated Average Employee Contribution Amount

In 2006, the estimated average employee contribution amount per participant for ALCAN 401K PLAN FORMERLY PPPI is $9,686.00. 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.
619,930.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 9,686.00 in ALCAN 401K PLAN FORMERLY PPPI, 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.

Keep researching ALCAN 401K PLAN FORMERLY PPPI

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