How many participants are in CHANNELLOCK 401(K) PLAN FOR NON-BARGAINING UNIT EMPLOYEES?

At the end of 2024, CHANNELLOCK 401(K) PLAN FOR NON-BARGAINING UNIT EMPLOYEES reported 110 plan participants.

What are the investment options in CHANNELLOCK 401(K) PLAN FOR NON-BARGAINING UNIT EMPLOYEES?

MyPlanIQ tracks the investment lineup for CHANNELLOCK 401(K) PLAN FOR NON-BARGAINING UNIT EMPLOYEES on its investment options page: https://www.myplaniq.com/invest/planinvestments/channellock-401k-plan-for-nonbargaining-unit-employees/

plancontribution

Q: What is CHANNELLOCK 401(K) PLAN FOR NON-BARGAINING UNIT EMPLOYEES's employer match?

In 2024, CHANNELLOCK 401(K) PLAN FOR NON-BARGAINING UNIT EMPLOYEES reported $124,268 in employer contributions. That is about 24.3% of reported employee contributions.

Q: When was CHANNELLOCK 401(K) PLAN FOR NON-BARGAINING UNIT EMPLOYEES established?

CHANNELLOCK 401(K) PLAN FOR NON-BARGAINING UNIT EMPLOYEES was established in 1996.

CHANNELLOCK 401(K) PLAN FOR NON-BARGAINING UNIT EMPLOYEES

Overview
Contribution & Match
Investments
Login
Rollover

Contribution & Savings

CHANNELLOCK 401(K) PLAN FOR NON-BARGAINING UNIT EMPLOYEES Average Participant Retirement Account Value

In 2024, the average participant retirement account value for CHANNELLOCK 401(K) PLAN FOR NON-BARGAINING UNIT EMPLOYEES is $154,202.00

CHANNELLOCK 401(K) PLAN FOR NON-BARGAINING UNIT EMPLOYEES Estimated Average Employee Contribution Amount

In 2024, the estimated average employee contribution amount per participant for CHANNELLOCK 401(K) PLAN FOR NON-BARGAINING UNIT EMPLOYEES is $4,394.00. 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.
281,228.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 4,394.00 in CHANNELLOCK 401(K) PLAN FOR NON-BARGAINING UNIT EMPLOYEES, 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 CHANNELLOCK 401(K) PLAN FOR NON-BARGAINING UNIT EMPLOYEES

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.