What is KFORCE GOVERNMENT PRACTICE PLAN's employer match?

In 2018, KFORCE GOVERNMENT PRACTICE PLAN reported $353,124 in employer contributions. That is about 11.1% of reported employee contributions.

How many participants are in KFORCE GOVERNMENT PRACTICE PLAN?

At the end of 2018, KFORCE GOVERNMENT PRACTICE PLAN reported 845 plan participants.

What are KFORCE GOVERNMENT PRACTICE PLAN's total assets?

At the end of 2018, KFORCE GOVERNMENT PRACTICE PLAN reported total plan assets of $24,584,363.

When was KFORCE GOVERNMENT PRACTICE PLAN established?

KFORCE GOVERNMENT PRACTICE PLAN was established in 2006.

What are the investment options in KFORCE GOVERNMENT PRACTICE PLAN?

MyPlanIQ tracks the investment lineup for KFORCE GOVERNMENT PRACTICE PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/kforce-government-practice-plan/

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KFORCE GOVERNMENT PRACTICE PLAN

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Contribution & Savings

KFORCE GOVERNMENT PRACTICE PLAN Average Participant Retirement Account Value

In 2018, the average participant retirement account value for KFORCE GOVERNMENT PRACTICE PLAN is $29,093.00

KFORCE GOVERNMENT PRACTICE PLAN Estimated Average Employee Contribution Amount

In 2018, the estimated average employee contribution amount per participant for KFORCE GOVERNMENT PRACTICE PLAN is $7,501.00. 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.
480,113.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 7,501.00 in KFORCE GOVERNMENT PRACTICE 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 KFORCE GOVERNMENT PRACTICE PLAN

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