What is MAIN STREET CHECKS, INC.'s employer match?

In 2017, MAIN STREET CHECKS, INC. reported $73,753 in employer contributions. That is about 16.3% of reported employee contributions.

How many participants are in MAIN STREET CHECKS, INC.?

At the end of 2017, MAIN STREET CHECKS, INC. reported 145 plan participants.

What are MAIN STREET CHECKS, INC.'s total assets?

At the end of 2017, MAIN STREET CHECKS, INC. reported total plan assets of $3,026,798.

When was MAIN STREET CHECKS, INC. established?

MAIN STREET CHECKS, INC. was established in 2003.

What are the investment options in MAIN STREET CHECKS, INC.?

MyPlanIQ tracks the investment lineup for MAIN STREET CHECKS, INC. on its investment options page: https://www.myplaniq.com/invest/planinvestments/main-street-checks-inc/

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MAIN STREET CHECKS, INC.

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Contribution & Savings

MAIN STREET CHECKS, INC. Average Participant Retirement Account Value

In 2017, the average participant retirement account value for MAIN STREET CHECKS, INC. is $20,874.00

MAIN STREET CHECKS, INC. Estimated Average Employee Contribution Amount

In 2017, the estimated average employee contribution amount per participant for MAIN STREET CHECKS, INC. is $6,252.00. 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.
400,183.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 6,252.00 in MAIN STREET CHECKS, 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 MAIN STREET CHECKS, INC.

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