What is CENTRAL MISSISSIPPI, INC. 403(B) PLAN's employer match?

In 2015, CENTRAL MISSISSIPPI, INC. 403(B) PLAN reported $176,211 in employer contributions. That is about 237.8% of reported employee contributions.

How many participants are in CENTRAL MISSISSIPPI, INC. 403(B) PLAN?

At the end of 2015, CENTRAL MISSISSIPPI, INC. 403(B) PLAN reported 241 plan participants.

What are CENTRAL MISSISSIPPI, INC. 403(B) PLAN's total assets?

At the end of 2015, CENTRAL MISSISSIPPI, INC. 403(B) PLAN reported total plan assets of $1,707,840.

When was CENTRAL MISSISSIPPI, INC. 403(B) PLAN established?

CENTRAL MISSISSIPPI, INC. 403(B) PLAN was established in 1980.

What are the investment options in CENTRAL MISSISSIPPI, INC. 403(B) PLAN?

MyPlanIQ tracks the investment lineup for CENTRAL MISSISSIPPI, INC. 403(B) PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/central-mississippi-inc-403b-plan/

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CENTRAL MISSISSIPPI, INC. 403(B) PLAN

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Contribution & Savings

CENTRAL MISSISSIPPI, INC. 403(B) PLAN Average Participant Retirement Account Value

In 2015, the average participant retirement account value for CENTRAL MISSISSIPPI, INC. 403(B) PLAN is $7,086.00

CENTRAL MISSISSIPPI, INC. 403(B) PLAN Estimated Average Employee Contribution Amount

In 2015, the estimated average employee contribution amount per participant for CENTRAL MISSISSIPPI, INC. 403(B) PLAN is $615.00. 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.
39,362.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 615.00 in CENTRAL MISSISSIPPI, INC. 403(B) 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 CENTRAL MISSISSIPPI, INC. 403(B) PLAN

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