What is CLEARSPAN COMPONENTS, INC. 401(K) RETIREMENT PLAN's employer match?

In 2011, CLEARSPAN COMPONENTS, INC. 401(K) RETIREMENT PLAN reported $10,863 in employer contributions. That is about 20.5% of reported employee contributions.

How many participants are in CLEARSPAN COMPONENTS, INC. 401(K) RETIREMENT PLAN?

At the end of 2011, CLEARSPAN COMPONENTS, INC. 401(K) RETIREMENT PLAN reported 110 plan participants.

What are CLEARSPAN COMPONENTS, INC. 401(K) RETIREMENT PLAN's total assets?

At the end of 2011, CLEARSPAN COMPONENTS, INC. 401(K) RETIREMENT PLAN reported total plan assets of $1,300,085.

What are the investment options in CLEARSPAN COMPONENTS, INC. 401(K) RETIREMENT PLAN?

MyPlanIQ tracks the investment lineup for CLEARSPAN COMPONENTS, INC. 401(K) RETIREMENT PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/clearspan-components-inc-401k-retirement-plan/

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Q: When was CLEARSPAN COMPONENTS, INC. 401(K) RETIREMENT PLAN established?

CLEARSPAN COMPONENTS, INC. 401(K) RETIREMENT PLAN was established in 1990.

CLEARSPAN COMPONENTS, INC. 401(K) RETIREMENT PLAN

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CLEARSPAN COMPONENTS, INC. 401(K) RETIREMENT PLAN Average Participant Retirement Account Value

In 2011, the average participant retirement account value for CLEARSPAN COMPONENTS, INC. 401(K) RETIREMENT PLAN is $11,818.00

CLEARSPAN COMPONENTS, INC. 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2011, the estimated average employee contribution amount per participant for CLEARSPAN COMPONENTS, INC. 401(K) RETIREMENT PLAN is $963.00. 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.
61,643.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 963.00 in CLEARSPAN COMPONENTS, INC. 401(K) RETIREMENT 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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