What is DATA PROJECTIONS, INC. 401(K) PLAN's employer match?

In 2014, DATA PROJECTIONS, INC. 401(K) PLAN reported $111,611 in employer contributions. That is about 54.1% of reported employee contributions.

How many participants are in DATA PROJECTIONS, INC. 401(K) PLAN?

At the end of 2014, DATA PROJECTIONS, INC. 401(K) PLAN reported 101 plan participants.

What are DATA PROJECTIONS, INC. 401(K) PLAN's total assets?

At the end of 2014, DATA PROJECTIONS, INC. 401(K) PLAN reported total plan assets of $3,099,178.

When was DATA PROJECTIONS, INC. 401(K) PLAN established?

DATA PROJECTIONS, INC. 401(K) PLAN was established in 1995.

What are the investment options in DATA PROJECTIONS, INC. 401(K) PLAN?

MyPlanIQ tracks the investment lineup for DATA PROJECTIONS, INC. 401(K) PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/data-projections-inc-401k-plan/

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DATA PROJECTIONS, INC. 401(K) PLAN

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Contribution & Savings

DATA PROJECTIONS, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2014, the average participant retirement account value for DATA PROJECTIONS, INC. 401(K) PLAN is $30,684.00

DATA PROJECTIONS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2014, the estimated average employee contribution amount per participant for DATA PROJECTIONS, INC. 401(K) PLAN is $4,082.00. 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.
261,291.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 4,082.00 in DATA PROJECTIONS, 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 DATA PROJECTIONS, INC. 401(K) PLAN

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