What is INTERTEL 401(K) PROFIT SHARING PLAN AND TRUST's employer match?

In 2018, INTERTEL 401(K) PROFIT SHARING PLAN AND TRUST reported $85,141 in employer contributions. That is about 56.2% of reported employee contributions.

How many participants are in INTERTEL 401(K) PROFIT SHARING PLAN AND TRUST?

At the end of 2018, INTERTEL 401(K) PROFIT SHARING PLAN AND TRUST reported 169 plan participants.

What are INTERTEL 401(K) PROFIT SHARING PLAN AND TRUST's total assets?

At the end of 2018, INTERTEL 401(K) PROFIT SHARING PLAN AND TRUST reported total plan assets of $800,787.

What are the investment options in INTERTEL 401(K) PROFIT SHARING PLAN AND TRUST?

MyPlanIQ tracks the investment lineup for INTERTEL 401(K) PROFIT SHARING PLAN AND TRUST on its investment options page: https://www.myplaniq.com/invest/planinvestments/intertel-401k-profit-sharing-plan-and-trust/

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Q: When was INTERTEL 401(K) PROFIT SHARING PLAN AND TRUST established?

INTERTEL 401(K) PROFIT SHARING PLAN AND TRUST was established in 2015.

INTERTEL 401(K) PROFIT SHARING PLAN AND TRUST

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Contribution & Savings

INTERTEL 401(K) PROFIT SHARING PLAN AND TRUST Average Participant Retirement Account Value

In 2018, the average participant retirement account value for INTERTEL 401(K) PROFIT SHARING PLAN AND TRUST is $4,738.00

INTERTEL 401(K) PROFIT SHARING PLAN AND TRUST Estimated Average Employee Contribution Amount

In 2018, the estimated average employee contribution amount per participant for INTERTEL 401(K) PROFIT SHARING PLAN AND TRUST is $1,791.00. 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.
114,644.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 1,791.00 in INTERTEL 401(K) PROFIT SHARING PLAN AND TRUST, 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 INTERTEL 401(K) PROFIT SHARING PLAN AND TRUST

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