What is ISITE TECHNOLOGIES INC. 401(K)'s employer match?

In 2022, ISITE TECHNOLOGIES INC. 401(K) reported $11,187 in employer contributions. That is about 34.3% of reported employee contributions.

How many participants are in ISITE TECHNOLOGIES INC. 401(K)?

At the end of 2022, ISITE TECHNOLOGIES INC. 401(K) reported 124 plan participants.

What are ISITE TECHNOLOGIES INC. 401(K)'s total assets?

At the end of 2022, ISITE TECHNOLOGIES INC. 401(K) reported total plan assets of $42,263.

When was ISITE TECHNOLOGIES INC. 401(K) established?

ISITE TECHNOLOGIES INC. 401(K) was established in 2022.

What are the investment options in ISITE TECHNOLOGIES INC. 401(K)?

MyPlanIQ tracks the investment lineup for ISITE TECHNOLOGIES INC. 401(K) on its investment options page: https://www.myplaniq.com/invest/planinvestments/isite-technologies-inc-401k/

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ISITE TECHNOLOGIES INC. 401(K)

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Contribution & Savings

ISITE TECHNOLOGIES INC. 401(K) Average Participant Retirement Account Value

In 2022, the average participant retirement account value for ISITE TECHNOLOGIES INC. 401(K) is $340.00

ISITE TECHNOLOGIES INC. 401(K) Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for ISITE TECHNOLOGIES INC. 401(K) is $526.00. 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.
33,683.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 526.00 in ISITE TECHNOLOGIES INC. 401(K), 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 ISITE TECHNOLOGIES INC. 401(K)

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