What is INDIANA LUBRICANTS INC's employer match?

In 2009, INDIANA LUBRICANTS INC reported $2,666 in employer contributions. That is about 5.0% of reported employee contributions.

How many participants are in INDIANA LUBRICANTS INC?

At the end of 2009, INDIANA LUBRICANTS INC reported 228 plan participants.

What are INDIANA LUBRICANTS INC's total assets?

At the end of 2009, INDIANA LUBRICANTS INC reported total plan assets of $442,619.

When was INDIANA LUBRICANTS INC established?

INDIANA LUBRICANTS INC was established in 1999.

What are the investment options in INDIANA LUBRICANTS INC?

MyPlanIQ tracks the investment lineup for INDIANA LUBRICANTS INC on its investment options page: https://www.myplaniq.com/invest/planinvestments/indiana-lubricants-inc/

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INDIANA LUBRICANTS INC

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Contribution & Savings

INDIANA LUBRICANTS INC Average Participant Retirement Account Value

In 2009, the average participant retirement account value for INDIANA LUBRICANTS INC is $1,941.00

INDIANA LUBRICANTS INC Estimated Average Employee Contribution Amount

In 2009, the estimated average employee contribution amount per participant for INDIANA LUBRICANTS INC is $472.00. 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.
30,218.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 472.00 in INDIANA LUBRICANTS INC, 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 INDIANA LUBRICANTS INC

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