What is BAYSIDE CONCRETE CONSTRUCTION CO. 401(K) PLAN's employer match?

In 2011, BAYSIDE CONCRETE CONSTRUCTION CO. 401(K) PLAN reported $289 in employer contributions. That is about 0.9% of reported employee contributions.

How many participants are in BAYSIDE CONCRETE CONSTRUCTION CO. 401(K) PLAN?

At the end of 2011, BAYSIDE CONCRETE CONSTRUCTION CO. 401(K) PLAN reported 103 plan participants.

What are BAYSIDE CONCRETE CONSTRUCTION CO. 401(K) PLAN's total assets?

At the end of 2011, BAYSIDE CONCRETE CONSTRUCTION CO. 401(K) PLAN reported total plan assets of $561,990.

What are the investment options in BAYSIDE CONCRETE CONSTRUCTION CO. 401(K) PLAN?

MyPlanIQ tracks the investment lineup for BAYSIDE CONCRETE CONSTRUCTION CO. 401(K) PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/bayside-concrete-construction-co-401k-plan/

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Q: When was BAYSIDE CONCRETE CONSTRUCTION CO. 401(K) PLAN established?

BAYSIDE CONCRETE CONSTRUCTION CO. 401(K) PLAN was established in 2002.

BAYSIDE CONCRETE CONSTRUCTION CO. 401(K) PLAN

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Contribution & Savings

BAYSIDE CONCRETE CONSTRUCTION CO. 401(K) PLAN Average Participant Retirement Account Value

In 2011, the average participant retirement account value for BAYSIDE CONCRETE CONSTRUCTION CO. 401(K) PLAN is $5,456.00

BAYSIDE CONCRETE CONSTRUCTION CO. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2011, the estimated average employee contribution amount per participant for BAYSIDE CONCRETE CONSTRUCTION CO. 401(K) PLAN is $633.00. 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.
40,531.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 633.00 in BAYSIDE CONCRETE CONSTRUCTION CO. 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 BAYSIDE CONCRETE CONSTRUCTION CO. 401(K) PLAN

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