What is HI LITE MARKING, INC. RETIREMENT PLAN's employer match?

In 2002, HI LITE MARKING, INC. RETIREMENT PLAN reported $255,099 in employer contributions. That is about 537.4% of reported employee contributions.

How many participants are in HI LITE MARKING, INC. RETIREMENT PLAN?

At the end of 2002, HI LITE MARKING, INC. RETIREMENT PLAN reported 107 plan participants.

What are HI LITE MARKING, INC. RETIREMENT PLAN's total assets?

At the end of 2002, HI LITE MARKING, INC. RETIREMENT PLAN reported total plan assets of $1,087,569.

When was HI LITE MARKING, INC. RETIREMENT PLAN established?

HI LITE MARKING, INC. RETIREMENT PLAN was established in 1992.

What are the investment options in HI LITE MARKING, INC. RETIREMENT PLAN?

MyPlanIQ tracks the investment lineup for HI LITE MARKING, INC. RETIREMENT PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/hi-lite-marking-inc-retirement-plan/

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HI LITE MARKING, INC. RETIREMENT PLAN

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Contribution & Savings

HI LITE MARKING, INC. RETIREMENT PLAN Average Participant Retirement Account Value

In 2002, the average participant retirement account value for HI LITE MARKING, INC. RETIREMENT PLAN is $10,164.00

HI LITE MARKING, INC. RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2002, the estimated average employee contribution amount per participant for HI LITE MARKING, INC. RETIREMENT PLAN is $887.00. 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.
56,781.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 887.00 in HI LITE MARKING, 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 HI LITE MARKING, INC. RETIREMENT PLAN

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