What is AMERICAN MODULAR SYSTEMS, INC. 401(K) PLAN's employer match?

In 2022, AMERICAN MODULAR SYSTEMS, INC. 401(K) PLAN reported $26,583 in employer contributions. That is about 15.7% of reported employee contributions.

How many participants are in AMERICAN MODULAR SYSTEMS, INC. 401(K) PLAN?

At the end of 2022, AMERICAN MODULAR SYSTEMS, INC. 401(K) PLAN reported 167 plan participants.

What are AMERICAN MODULAR SYSTEMS, INC. 401(K) PLAN's total assets?

At the end of 2022, AMERICAN MODULAR SYSTEMS, INC. 401(K) PLAN reported total plan assets of $2,593,351.

When was AMERICAN MODULAR SYSTEMS, INC. 401(K) PLAN established?

AMERICAN MODULAR SYSTEMS, INC. 401(K) PLAN was established in 2000.

What are the investment options in AMERICAN MODULAR SYSTEMS, INC. 401(K) PLAN?

MyPlanIQ tracks the investment lineup for AMERICAN MODULAR SYSTEMS, INC. 401(K) PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/american-modular-systems-inc-401k-plan/

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AMERICAN MODULAR SYSTEMS, INC. 401(K) PLAN

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Contribution & Savings

AMERICAN MODULAR SYSTEMS, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for AMERICAN MODULAR SYSTEMS, INC. 401(K) PLAN is $15,529.00

AMERICAN MODULAR SYSTEMS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for AMERICAN MODULAR SYSTEMS, INC. 401(K) PLAN 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.
62,754.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 980.00 in AMERICAN MODULAR SYSTEMS, INC. 401(K) 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.

Keep researching AMERICAN MODULAR SYSTEMS, INC. 401(K) PLAN

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