What is KLINEDINST PC 401(K) PLAN I's employer match?

In 2013, KLINEDINST PC 401(K) PLAN I reported $6,981 in employer contributions. That is about 1.1% of reported employee contributions.

How many participants are in KLINEDINST PC 401(K) PLAN I?

At the end of 2013, KLINEDINST PC 401(K) PLAN I reported 151 plan participants.

What are KLINEDINST PC 401(K) PLAN I's total assets?

At the end of 2013, KLINEDINST PC 401(K) PLAN I reported total plan assets of $4,477,740.

When was KLINEDINST PC 401(K) PLAN I established?

KLINEDINST PC 401(K) PLAN I was established in 1984.

What are the investment options in KLINEDINST PC 401(K) PLAN I?

MyPlanIQ tracks the investment lineup for KLINEDINST PC 401(K) PLAN I on its investment options page: https://www.myplaniq.com/invest/planinvestments/klinedinst-pc-401k-plan-i/

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KLINEDINST PC 401(K) PLAN I

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Contribution & Savings

KLINEDINST PC 401(K) PLAN I Average Participant Retirement Account Value

In 2013, the average participant retirement account value for KLINEDINST PC 401(K) PLAN I is $29,653.00

KLINEDINST PC 401(K) PLAN I Estimated Average Employee Contribution Amount

In 2013, the estimated average employee contribution amount per participant for KLINEDINST PC 401(K) PLAN I is $8,772.00. 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.
561,469.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 8,772.00 in KLINEDINST PC 401(K) PLAN I, 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 KLINEDINST PC 401(K) PLAN I

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