What is CORINTHIAN CONTRACTORS, INC. 401(K) PLAN's employer match?

In 2020, CORINTHIAN CONTRACTORS, INC. 401(K) PLAN reported $580,945 in employer contributions. That is about 541.4% of reported employee contributions.

How many participants are in CORINTHIAN CONTRACTORS, INC. 401(K) PLAN?

At the end of 2020, CORINTHIAN CONTRACTORS, INC. 401(K) PLAN reported 167 plan participants.

What are CORINTHIAN CONTRACTORS, INC. 401(K) PLAN's total assets?

At the end of 2020, CORINTHIAN CONTRACTORS, INC. 401(K) PLAN reported total plan assets of $2,679,263.

When was CORINTHIAN CONTRACTORS, INC. 401(K) PLAN established?

CORINTHIAN CONTRACTORS, INC. 401(K) PLAN was established in 2005.

What are the investment options in CORINTHIAN CONTRACTORS, INC. 401(K) PLAN?

MyPlanIQ tracks the investment lineup for CORINTHIAN CONTRACTORS, INC. 401(K) PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/corinthian-contractors-inc-401k-plan/

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CORINTHIAN CONTRACTORS, INC. 401(K) PLAN

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Contribution & Savings

CORINTHIAN CONTRACTORS, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2020, the average participant retirement account value for CORINTHIAN CONTRACTORS, INC. 401(K) PLAN is $16,043.00

CORINTHIAN CONTRACTORS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for CORINTHIAN CONTRACTORS, INC. 401(K) PLAN is $1,285.00. 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.
82,242.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 1,285.00 in CORINTHIAN CONTRACTORS, INC. 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 CORINTHIAN CONTRACTORS, INC. 401(K) PLAN

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