CEDARS-SINAI HEALTH SYSTEM DEFINED CONTRIBUTION
Contribution & Savings
CEDARS-SINAI HEALTH SYSTEM DEFINED CONTRIBUTION Average Participant Retirement Account Value
In 2023, the average participant retirement account value for CEDARS-SINAI HEALTH SYSTEM DEFINED CONTRIBUTION is $53,577.00
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 CEDARS-SINAI HEALTH SYSTEM DEFINED CONTRIBUTION
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
- CARILION CLINIC 403(B) RETIREMENT SAVINGS PLAN (17,374 participants, $822,189,307)
- SUTTER HEALTH RETIREMENT INCOME PLAN (17,357 participants, $752,479,041)
- FLORIDA HEALTH SCIENCES CENTER 403(B) SAVINGS PLAN (17,322 participants, $768,278,892)
- BAYSTATE HEALTH, INC RETIREMENT PLAN (17,465 participants, $1,410,244,140)
- TUFTS MEDICINE, INC. 403(B) RETIREMENT PLAN (17,488 participants, $991,932,046)