How many participants are in CMX 401(K) PLAN?

At the end of 2010, CMX 401(K) PLAN reported 879 plan participants.

When was CMX 401(K) PLAN established?

CMX 401(K) PLAN was established in 1969.

What are the investment options in CMX 401(K) PLAN?

MyPlanIQ tracks the investment lineup for CMX 401(K) PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/cmx-401k-plan/

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CMX 401(K) PLAN

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Contribution & Savings

CMX 401(K) PLAN Estimated Average Employee Contribution Amount

In 2010, the estimated average employee contribution amount per participant for CMX 401(K) PLAN is $1,032.00. 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.
66,056.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 1,032.00 in CMX 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.

Keep researching CMX 401(K) PLAN

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