How many participants are in M.C. ASSEMBLY, INC., 401K PROFIT SHARING PLAN &TRUST?

At the end of 1999, M.C. ASSEMBLY, INC., 401K PROFIT SHARING PLAN &TRUST reported 208 plan participants.

What are M.C. ASSEMBLY, INC., 401K PROFIT SHARING PLAN &TRUST's total assets?

At the end of 1999, M.C. ASSEMBLY, INC., 401K PROFIT SHARING PLAN &TRUST reported total plan assets of $922,526.

What are the investment options in M.C. ASSEMBLY, INC., 401K PROFIT SHARING PLAN &TRUST?

MyPlanIQ tracks the investment lineup for M.C. ASSEMBLY, INC., 401K PROFIT SHARING PLAN &TRUST on its investment options page: https://www.myplaniq.com/invest/planinvestments/mc-assembly-inc-401k-profit-sharing-plan-trust-2/

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Q: When was M.C. ASSEMBLY, INC., 401K PROFIT SHARING PLAN &TRUST established?

M.C. ASSEMBLY, INC., 401K PROFIT SHARING PLAN &TRUST was established in 1995.

M.C. ASSEMBLY, INC., 401K PROFIT SHARING PLAN &TRUST

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Contribution & Savings

M.C. ASSEMBLY, INC., 401K PROFIT SHARING PLAN &TRUST Average Participant Retirement Account Value

In 1999, the average participant retirement account value for M.C. ASSEMBLY, INC., 401K PROFIT SHARING PLAN &TRUST is $4,435.00

M.C. ASSEMBLY, INC., 401K PROFIT SHARING PLAN &TRUST Estimated Average Employee Contribution Amount

In 1999, the estimated average employee contribution amount per participant for M.C. ASSEMBLY, INC., 401K PROFIT SHARING PLAN &TRUST is $2,073.00. 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.
132,721.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 2,073.00 in M.C. ASSEMBLY, INC., 401K PROFIT SHARING PLAN &TRUST, 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 M.C. ASSEMBLY, INC., 401K PROFIT SHARING PLAN &TRUST

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