KIMBER MFG., INC. 401(K) PLAN
Contribution & Savings
KIMBER MFG., INC. 401(K) PLAN Average Participant Retirement Account Value
In 2024, the average participant retirement account value for KIMBER MFG., INC. 401(K) PLAN is $50,184.00
KIMBER MFG., INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2024, the estimated average employee contribution amount per participant for KIMBER MFG., INC. 401(K) PLAN is $3,055.00. 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.
195,569.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 3,055.00 in KIMBER MFG., INC. 401(K) PLAN, assuming a 10%* annual return.
195,569.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 3,055.00 in KIMBER MFG., INC. 401(K) 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 KIMBER MFG., INC. 401(K) PLAN
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
- ELANO CORPORATION PROFIT SHARING PLAN (631 participants, $43,668,069)
- ATCHISON CASTING CORPORATION 401K PLAN (631 participants, $17,081,798)
- SUPER STEEL PRODUCTS CORP. RETIREMENT & SAVINGS PLAN F/K/A SUPER STEEL PRODUCTS CORP PROFIT SHARING PLAN & TRUST (633 participants, $13,961,985)
- NOFZIGER COMPANIES 401(K) RETIREMENT SAVINGS PLAN (634 participants, $25,071,446)
- CONN-SELMER SALARIED EMPLOYEES 401(K) AND PROFIT SHARING PLAN (630 participants, $14,227,246)
