How many participants are in BUCKLEY MADOLE, P.C. 401(K) PLAN?

At the end of 2017, BUCKLEY MADOLE, P.C. 401(K) PLAN reported 184 plan participants.

What are BUCKLEY MADOLE, P.C. 401(K) PLAN's total assets?

At the end of 2017, BUCKLEY MADOLE, P.C. 401(K) PLAN reported total plan assets of $2,044,570.

When was BUCKLEY MADOLE, P.C. 401(K) PLAN established?

BUCKLEY MADOLE, P.C. 401(K) PLAN was established in 2012.

What are the investment options in BUCKLEY MADOLE, P.C. 401(K) PLAN?

MyPlanIQ tracks the investment lineup for BUCKLEY MADOLE, P.C. 401(K) PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/buckley-madole-pc-401k-plan/

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BUCKLEY MADOLE, P.C. 401(K) PLAN

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Contribution & Savings

BUCKLEY MADOLE, P.C. 401(K) PLAN Average Participant Retirement Account Value

In 2017, the average participant retirement account value for BUCKLEY MADOLE, P.C. 401(K) PLAN is $11,111.00

BUCKLEY MADOLE, P.C. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2017, the estimated average employee contribution amount per participant for BUCKLEY MADOLE, P.C. 401(K) PLAN is $4,317.00. 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.
276,336.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 4,317.00 in BUCKLEY MADOLE, P.C. 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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