What is DECAMP BUS LINES 401(K) PLAN FOR UNION EMPLOYEES's employer match?

In 2022, DECAMP BUS LINES 401(K) PLAN FOR UNION EMPLOYEES reported $176,146 in employer contributions. That is about 124.4% of reported employee contributions.

How many participants are in DECAMP BUS LINES 401(K) PLAN FOR UNION EMPLOYEES?

At the end of 2022, DECAMP BUS LINES 401(K) PLAN FOR UNION EMPLOYEES reported 109 plan participants.

What are DECAMP BUS LINES 401(K) PLAN FOR UNION EMPLOYEES's total assets?

At the end of 2022, DECAMP BUS LINES 401(K) PLAN FOR UNION EMPLOYEES reported total plan assets of $3,646,997.

What are the investment options in DECAMP BUS LINES 401(K) PLAN FOR UNION EMPLOYEES?

MyPlanIQ tracks the investment lineup for DECAMP BUS LINES 401(K) PLAN FOR UNION EMPLOYEES on its investment options page: https://www.myplaniq.com/invest/planinvestments/decamp-bus-lines-401k-plan-for-union-employees/

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Q: When was DECAMP BUS LINES 401(K) PLAN FOR UNION EMPLOYEES established?

DECAMP BUS LINES 401(K) PLAN FOR UNION EMPLOYEES was established in 1982.

DECAMP BUS LINES 401(K) PLAN FOR UNION EMPLOYEES

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Contribution & Savings

DECAMP BUS LINES 401(K) PLAN FOR UNION EMPLOYEES Average Participant Retirement Account Value

In 2022, the average participant retirement account value for DECAMP BUS LINES 401(K) PLAN FOR UNION EMPLOYEES is $33,458.00

DECAMP BUS LINES 401(K) PLAN FOR UNION EMPLOYEES Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for DECAMP BUS LINES 401(K) PLAN FOR UNION EMPLOYEES is $1,215.00. 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.
77,806.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 1,215.00 in DECAMP BUS LINES 401(K) PLAN FOR UNION EMPLOYEES, 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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