BAPTIST HEALTH THRIFT PLAN
Contribution & Savings
BAPTIST HEALTH THRIFT PLAN Average Participant Retirement Account Value
In 2024, the average participant retirement account value for BAPTIST HEALTH THRIFT PLAN is $204,593.00
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 BAPTIST HEALTH THRIFT 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
- LAWRENCE & MEMORIAL HOSPITAL 401(K) PLAN (5,439 participants, $369,366,828)
- SOUTH NASSAU COMMUNITIES HOSPITAL EMPLOYEE DEFINED CONTRIBUTION RETIREMENT PLAN (5,434 participants, $358,648,543)
- UMASS MEMORIAL HEALTH CARE 403(B) PLAN (5,430 participants, $649,664,492)
- BLESSING CORPORATE SERVICES EMPLOYEES SAVINGS PLAN (5,532 participants, $380,819,730)
- SHANNON MEDICAL CENTER 401(K) SAVINGS AND RETIREMENT PLAN (5,423 participants, $460,772,377)