How many participants are in BRIDGE GROUP HH, INC. 401(K) PLAN?

At the end of 2024, BRIDGE GROUP HH, INC. 401(K) PLAN reported 864 plan participants.

What are BRIDGE GROUP HH, INC. 401(K) PLAN's total assets?

At the end of 2024, BRIDGE GROUP HH, INC. 401(K) PLAN reported total plan assets of $8,058,457.

When was BRIDGE GROUP HH, INC. 401(K) PLAN established?

BRIDGE GROUP HH, INC. 401(K) PLAN was established in 2018.

What are the investment options in BRIDGE GROUP HH, INC. 401(K) PLAN?

MyPlanIQ tracks the investment lineup for BRIDGE GROUP HH, INC. 401(K) PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/bridge-group-hh-inc-401k-plan/

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BRIDGE GROUP HH, INC. 401(K) PLAN

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Contribution & Savings

BRIDGE GROUP HH, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2024, the average participant retirement account value for BRIDGE GROUP HH, INC. 401(K) PLAN is $9,326.00

BRIDGE GROUP HH, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2024, the estimated average employee contribution amount per participant for BRIDGE GROUP HH, INC. 401(K) PLAN is $1,292.00. 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.
82,725.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 1,292.00 in BRIDGE GROUP HH, 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.

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