What is MV TRANSPORTATION - DURHAM's employer match?

In 2006, MV TRANSPORTATION - DURHAM reported $12,855 in employer contributions. That is about 21.1% of reported employee contributions.

How many participants are in MV TRANSPORTATION - DURHAM?

At the end of 2006, MV TRANSPORTATION - DURHAM reported 153 plan participants.

What are MV TRANSPORTATION - DURHAM's total assets?

At the end of 2006, MV TRANSPORTATION - DURHAM reported total plan assets of $193,762.

When was MV TRANSPORTATION - DURHAM established?

MV TRANSPORTATION - DURHAM was established in 2004.

What are the investment options in MV TRANSPORTATION - DURHAM?

MyPlanIQ tracks the investment lineup for MV TRANSPORTATION - DURHAM on its investment options page: https://www.myplaniq.com/invest/planinvestments/mv-transportation-durham/

plancontribution

MV TRANSPORTATION – DURHAM

Overview
Contribution & Match
Investments
Login
Rollover

Contribution & Savings

MV TRANSPORTATION – DURHAM Average Participant Retirement Account Value

In 2006, the average participant retirement account value for MV TRANSPORTATION – DURHAM is $1,266.00

MV TRANSPORTATION – DURHAM Estimated Average Employee Contribution Amount

In 2006, the estimated average employee contribution amount per participant for MV TRANSPORTATION – DURHAM is $797.00. 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.
51,062.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 797.00 in MV TRANSPORTATION – DURHAM, 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 MV TRANSPORTATION – DURHAM

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.