KILPATRICK COMPANY RETIREMENT SAVINGS PLAN PLAN & TRUST
Contribution & Savings
KILPATRICK COMPANY RETIREMENT SAVINGS PLAN PLAN & TRUST Average Participant Retirement Account Value
In 2001, the average participant retirement account value for KILPATRICK COMPANY RETIREMENT SAVINGS PLAN PLAN & TRUST is $18,729.00
KILPATRICK COMPANY RETIREMENT SAVINGS PLAN PLAN & TRUST Estimated Average Employee Contribution Amount
In 2001, the estimated average employee contribution amount per participant for KILPATRICK COMPANY RETIREMENT SAVINGS PLAN PLAN & TRUST is $2,376.00. 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.
152,113.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 2,376.00 in KILPATRICK COMPANY RETIREMENT SAVINGS PLAN PLAN & TRUST, assuming a 10%* annual return.
152,113.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 2,376.00 in KILPATRICK COMPANY RETIREMENT SAVINGS PLAN PLAN & 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 KILPATRICK COMPANY RETIREMENT SAVINGS PLAN PLAN & TRUST
Use the links below to move from this plan page into calculators, related retirement articles, and comparable plans in a similar industry or size band. That gives you a faster way to compare match design, fees, investments, and savings strategy in context.
Related Calculators
- 401(k) Employer Match Calculator
- Investment Fee Impact Calculator
- Mega Backdoor Roth 401(k) Calculator
Related Plans
- CLEVER CARE 401(K) PLAN (251 participants, $6,958,507)
- DEFERRED SALARY PROFIT-SHARING THRIFT PLAN FOR EMPLOYEES OF CONCORD GENERAL MUTUAL INSURANCE CO (252 participants, $17,973,104)
- BLUE RIDGE HEALTH ALLIANCE 401K PLAN (249 participants, $2,088,568)
- ELDER HEALTH 401 K EMPLOYEE RETIRMENT PLAN (253 participants, $1,329,145)
- CELTIC GROUP EMPLOYEES RETIREMENT PLAN (249 participants, $9,804,862)