What is CROWN ENERGY COMPANY's employer match?

In 2009, CROWN ENERGY COMPANY reported $67,213 in employer contributions. That is about 20.9% of reported employee contributions.

How many participants are in CROWN ENERGY COMPANY?

At the end of 2009, CROWN ENERGY COMPANY reported 121 plan participants.

What are CROWN ENERGY COMPANY's total assets?

At the end of 2009, CROWN ENERGY COMPANY reported total plan assets of $1,847,141.

When was CROWN ENERGY COMPANY established?

CROWN ENERGY COMPANY was established in 2003.

What are the investment options in CROWN ENERGY COMPANY?

MyPlanIQ tracks the investment lineup for CROWN ENERGY COMPANY on its investment options page: https://www.myplaniq.com/invest/planinvestments/crown-energy-company/

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CROWN ENERGY COMPANY

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Contribution & Savings

CROWN ENERGY COMPANY Average Participant Retirement Account Value

In 2009, the average participant retirement account value for CROWN ENERGY COMPANY is $15,265.00

CROWN ENERGY COMPANY Estimated Average Employee Contribution Amount

In 2009, the estimated average employee contribution amount per participant for CROWN ENERGY COMPANY is $5,324.00. 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.
340,780.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 5,324.00 in CROWN ENERGY COMPANY, 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 CROWN ENERGY COMPANY

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