How many participants are in NEWARK ACADEMY TDA?

At the end of 2023, NEWARK ACADEMY TDA reported 210 plan participants.

What are NEWARK ACADEMY TDA's total assets?

At the end of 2023, NEWARK ACADEMY TDA reported total plan assets of $14,321,390.

When was NEWARK ACADEMY TDA established?

NEWARK ACADEMY TDA was established in 1975.

What are the investment options in NEWARK ACADEMY TDA?

MyPlanIQ tracks the investment lineup for NEWARK ACADEMY TDA on its investment options page: https://www.myplaniq.com/invest/planinvestments/newark-academy-tda/

plancontribution

NEWARK ACADEMY TDA

Overview
Contribution & Match
Investments
Login
Rollover

Contribution & Savings

NEWARK ACADEMY TDA Average Participant Retirement Account Value

In 2023, the average participant retirement account value for NEWARK ACADEMY TDA is $68,197.00

NEWARK ACADEMY TDA Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for NEWARK ACADEMY TDA is $8,337.00. 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.
533,604.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 8,337.00 in NEWARK ACADEMY TDA, 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 NEWARK ACADEMY TDA

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.