What is HILLSIDE, INC. THRIFT PLAN's employer match?

In 2016, HILLSIDE, INC. THRIFT PLAN reported $140,039 in employer contributions. That is about 63.1% of reported employee contributions.

How many participants are in HILLSIDE, INC. THRIFT PLAN?

At the end of 2016, HILLSIDE, INC. THRIFT PLAN reported 297 plan participants.

When was HILLSIDE, INC. THRIFT PLAN established?

HILLSIDE, INC. THRIFT PLAN was established in 1996.

What are the investment options in HILLSIDE, INC. THRIFT PLAN?

MyPlanIQ tracks the investment lineup for HILLSIDE, INC. THRIFT PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/hillside-inc-thrift-plan/

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HILLSIDE, INC. THRIFT PLAN

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Contribution & Savings

HILLSIDE, INC. THRIFT PLAN Estimated Average Employee Contribution Amount

In 2016, the estimated average employee contribution amount per participant for HILLSIDE, INC. THRIFT PLAN is $1,494.00. 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.
95,626.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 1,494.00 in HILLSIDE, INC. THRIFT 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 HILLSIDE, INC. THRIFT PLAN

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