What is CRISIS RESPONSE NETWORK, INC. 401(K) PLAN's employer match?

In 2020, CRISIS RESPONSE NETWORK, INC. 401(K) PLAN reported $320,611 in employer contributions. That is about 62.3% of reported employee contributions.

How many participants are in CRISIS RESPONSE NETWORK, INC. 401(K) PLAN?

At the end of 2020, CRISIS RESPONSE NETWORK, INC. 401(K) PLAN reported 241 plan participants.

What are CRISIS RESPONSE NETWORK, INC. 401(K) PLAN's total assets?

At the end of 2020, CRISIS RESPONSE NETWORK, INC. 401(K) PLAN reported total plan assets of $4,983,608.

When was CRISIS RESPONSE NETWORK, INC. 401(K) PLAN established?

CRISIS RESPONSE NETWORK, INC. 401(K) PLAN was established in 2008.

What are the investment options in CRISIS RESPONSE NETWORK, INC. 401(K) PLAN?

MyPlanIQ tracks the investment lineup for CRISIS RESPONSE NETWORK, INC. 401(K) PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/crisis-response-network-inc-401k-plan/

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CRISIS RESPONSE NETWORK, INC. 401(K) PLAN

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CRISIS RESPONSE NETWORK, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2020, the average participant retirement account value for CRISIS RESPONSE NETWORK, INC. 401(K) PLAN is $20,678.00

CRISIS RESPONSE NETWORK, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for CRISIS RESPONSE NETWORK, INC. 401(K) PLAN is $4,273.00. 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.
273,522.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 4,273.00 in CRISIS RESPONSE NETWORK, 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.

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