What is DRAEGER CONSTRUCTION, INC. RETIREMENT PLAN's employer match?

In 2012, DRAEGER CONSTRUCTION, INC. RETIREMENT PLAN reported $1,775 in employer contributions. That is about 5.4% of reported employee contributions.

How many participants are in DRAEGER CONSTRUCTION, INC. RETIREMENT PLAN?

At the end of 2012, DRAEGER CONSTRUCTION, INC. RETIREMENT PLAN reported 292 plan participants.

What are DRAEGER CONSTRUCTION, INC. RETIREMENT PLAN's total assets?

At the end of 2012, DRAEGER CONSTRUCTION, INC. RETIREMENT PLAN reported total plan assets of $2,279,697.

When was DRAEGER CONSTRUCTION, INC. RETIREMENT PLAN established?

DRAEGER CONSTRUCTION, INC. RETIREMENT PLAN was established in 1990.

What are the investment options in DRAEGER CONSTRUCTION, INC. RETIREMENT PLAN?

MyPlanIQ tracks the investment lineup for DRAEGER CONSTRUCTION, INC. RETIREMENT PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/draeger-construction-inc-retirement-plan/

plancontribution

DRAEGER CONSTRUCTION, INC. RETIREMENT PLAN

Overview
Contribution & Match
Investments
Login
Rollover

Contribution & Savings

DRAEGER CONSTRUCTION, INC. RETIREMENT PLAN Average Participant Retirement Account Value

In 2012, the average participant retirement account value for DRAEGER CONSTRUCTION, INC. RETIREMENT PLAN is $7,807.00

DRAEGER CONSTRUCTION, INC. RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2012, the estimated average employee contribution amount per participant for DRAEGER CONSTRUCTION, INC. RETIREMENT PLAN is $224.00. 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.
14,353.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 224.00 in DRAEGER CONSTRUCTION, INC. RETIREMENT 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 DRAEGER CONSTRUCTION, INC. RETIREMENT PLAN

Use the links below to move from this plan page into calculators, related retirement articles, and comparable plans in a similar industry or size band. That gives you a faster way to compare match design, fees, investments, and savings strategy in context.