LOPEZ-DORADA 401(K) PLAN
Contribution & Savings
LOPEZ-DORADA 401(K) PLAN Average Participant Retirement Account Value
In 2024, the average participant retirement account value for LOPEZ-DORADA 401(K) PLAN is $36,011.00
LOPEZ-DORADA 401(K) PLAN Estimated Average Employee Contribution Amount
In 2024, the estimated average employee contribution amount per participant for LOPEZ-DORADA 401(K) PLAN is $2,533.00. 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.
162,138.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 2,533.00 in LOPEZ-DORADA 401(K) PLAN, assuming a 10%* annual return.
162,138.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 2,533.00 in LOPEZ-DORADA 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 LOPEZ-DORADA 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
- CTI FOODS 401(K) PLAN AND TRUST (1,815 participants, $28,877,043)
- FARMERS PRIDE EMPLOYEE PROFIT SHARING AND SAVINGS PLAN (1,802 participants, $35,066,161)
- THE JEROME COMPANIES PROFIT SHARING PLAN AND TRUST (1,966 participants, $42,739,366)
- THE FRESH MARK, INC. HOURLY PENSION PLAN (1,977 participants, $22,391,231)
- GREATER OMAHA PACKING CO., INC. 401(K) SAVINGS PLAN (1,667 participants, $42,949,763)