What is ALCON 401(K) PLAN AND TRUST's employer match?

In 2012, ALCON 401(K) PLAN AND TRUST reported $2,467,226 in employer contributions. That is about 54.6% of reported employee contributions.

How many participants are in ALCON 401(K) PLAN AND TRUST?

At the end of 2012, ALCON 401(K) PLAN AND TRUST reported 9,216 plan participants.

When was ALCON 401(K) PLAN AND TRUST established?

ALCON 401(K) PLAN AND TRUST was established in 1995.

What are the investment options in ALCON 401(K) PLAN AND TRUST?

MyPlanIQ tracks the investment lineup for ALCON 401(K) PLAN AND TRUST on its investment options page: https://www.myplaniq.com/invest/planinvestments/alcon-401k-plan-and-trust/

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ALCON 401(K) PLAN AND TRUST

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Contribution & Savings

ALCON 401(K) PLAN AND TRUST Estimated Average Employee Contribution Amount

In 2012, the estimated average employee contribution amount per participant for ALCON 401(K) PLAN AND TRUST is $980.00. 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.
62,758.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 980.00 in ALCON 401(K) PLAN AND TRUST, 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 ALCON 401(K) PLAN AND TRUST

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