L. A. R. K INDUSTRIES, INC.
Contribution & Savings
L. A. R. K INDUSTRIES, INC. Average Participant Retirement Account Value
In 2018, the average participant retirement account value for L. A. R. K INDUSTRIES, INC. is $19,894.00
L. A. R. K INDUSTRIES, INC. Estimated Average Employee Contribution Amount
In 2018, the estimated average employee contribution amount per participant for L. A. R. K INDUSTRIES, INC. is $5,303.00. 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.
339,421.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 5,303.00 in L. A. R. K INDUSTRIES, INC., assuming a 10%* annual return.
339,421.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 5,303.00 in L. A. R. K INDUSTRIES, INC., 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 L. A. R. K INDUSTRIES, INC.
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
- TILESETTERS AND FINISHERS OF NORTHERN CALIFOR NIA JOINT SUPPLEMENTAL PLAN (606 participants, $7,788,482)
- 3FORM 401(K) PLAN (612 participants, $33,280,557)
- BUILDERS INSULATION HOLDINGS, INC. PROFIT SHARING PLAN (593 participants, $5,798,752)
- ITALIAN TERRAZZO & TILE CO. OF BREVARD, INC 401(K) PS PLAN & TRUST (590 participants, $13,967,256)
- MINNESOTA CERAMIC TILE AND ALLIED TRADES RETIREMENT FUND (628 participants, $40,818,633)