What are the investment options in BRIDGESTONE/FIRESTONE,INC. SAVINGS PLAN FOR BARGAINING UNIT EMP.?

MyPlanIQ tracks the investment lineup for BRIDGESTONE/FIRESTONE,INC. SAVINGS PLAN FOR BARGAINING UNIT EMP. on its investment options page: https://www.myplaniq.com/invest/planinvestments/bridgestonefirestoneinc-savings-plan-for-bargaining-unit-emp/

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Q: What is BRIDGESTONE/FIRESTONE,INC. SAVINGS PLAN FOR BARGAINING UNIT EMP.'s employer match?

In 2001, BRIDGESTONE/FIRESTONE,INC. SAVINGS PLAN FOR BARGAINING UNIT EMP. reported $151,773 in employer contributions. That is about 1.0% of reported employee contributions.

Q: How many participants are in BRIDGESTONE/FIRESTONE,INC. SAVINGS PLAN FOR BARGAINING UNIT EMP.?

At the end of 2001, BRIDGESTONE/FIRESTONE,INC. SAVINGS PLAN FOR BARGAINING UNIT EMP. reported 8,243 plan participants.

Q: What are BRIDGESTONE/FIRESTONE,INC. SAVINGS PLAN FOR BARGAINING UNIT EMP.'s total assets?

At the end of 2001, BRIDGESTONE/FIRESTONE,INC. SAVINGS PLAN FOR BARGAINING UNIT EMP. reported total plan assets of $178,704,162.

BRIDGESTONE/FIRESTONE,INC. SAVINGS PLAN FOR BARGAINING UNIT EMP.

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Contribution & Savings

BRIDGESTONE/FIRESTONE,INC. SAVINGS PLAN FOR BARGAINING UNIT EMP. Average Participant Retirement Account Value

In 2001, the average participant retirement account value for BRIDGESTONE/FIRESTONE,INC. SAVINGS PLAN FOR BARGAINING UNIT EMP. is $21,679.00

BRIDGESTONE/FIRESTONE,INC. SAVINGS PLAN FOR BARGAINING UNIT EMP. Estimated Average Employee Contribution Amount

In 2001, the estimated average employee contribution amount per participant for BRIDGESTONE/FIRESTONE,INC. SAVINGS PLAN FOR BARGAINING UNIT EMP. is $3,874.00. 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.
247,978.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 3,874.00 in BRIDGESTONE/FIRESTONE,INC. SAVINGS PLAN FOR BARGAINING UNIT EMP., 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 BRIDGESTONE/FIRESTONE,INC. SAVINGS PLAN FOR BARGAINING UNIT EMP.

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