ATLANTIC BUILDING COMPONENTS & SERVICES, INC 401K PROFIT SHARING PLAN
Contribution & Savings
ATLANTIC BUILDING COMPONENTS & SERVICES, INC 401K PROFIT SHARING PLAN Average Participant Retirement Account Value
In 2024, the average participant retirement account value for ATLANTIC BUILDING COMPONENTS & SERVICES, INC 401K PROFIT SHARING PLAN is $23,145.00
ATLANTIC BUILDING COMPONENTS & SERVICES, INC 401K PROFIT SHARING PLAN Estimated Average Employee Contribution Amount
In 2024, the estimated average employee contribution amount per participant for ATLANTIC BUILDING COMPONENTS & SERVICES, INC 401K PROFIT SHARING PLAN is $1,425.00. 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.
91,262.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 1,425.00 in ATLANTIC BUILDING COMPONENTS & SERVICES, INC 401K PROFIT SHARING PLAN, assuming a 10%* annual return.
91,262.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 1,425.00 in ATLANTIC BUILDING COMPONENTS & SERVICES, INC 401K PROFIT SHARING 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 ATLANTIC BUILDING COMPONENTS & SERVICES, INC 401K PROFIT SHARING PLAN
Use the links below to move from this plan page into calculators, related retirement articles, and comparable plans in a similar industry or size band. That gives you a faster way to compare match design, fees, investments, and savings strategy in context.
Related Calculators
- 401(k) Employer Match Calculator
- Investment Fee Impact Calculator
- Mega Backdoor Roth 401(k) Calculator
Related Plans
- CONSOLIDATED LUMBER COMPANY 401(K) PLAN (344 participants, $21,277,681)
- DUNN LUMBER CO., INC. 401K RETIREMENT PLAN (343 participants, $11,263,415)
- MG BUILDING MATERIALS LTD 401(K) PROFIT SHARING PLAN & TRUST (345 participants, $11,562,155)
- WILLIAMS LUMBER INC. 401(K) PROFIT SHARING PLAN (340 participants, $14,160,820)
- ELLSWORTH FALLS LUMBER & ELLSWORTH BUILDERS SUPPLY (339 participants, $8,393,927)