What is OWL WIRE & CABLE, INC. 401K PLAN FOR UNION EMPLOYEES's employer match?

In 2008, OWL WIRE & CABLE, INC. 401K PLAN FOR UNION EMPLOYEES reported $76,348 in employer contributions. That is about 109.0% of reported employee contributions.

How many participants are in OWL WIRE & CABLE, INC. 401K PLAN FOR UNION EMPLOYEES?

At the end of 2008, OWL WIRE & CABLE, INC. 401K PLAN FOR UNION EMPLOYEES reported 109 plan participants.

What are OWL WIRE & CABLE, INC. 401K PLAN FOR UNION EMPLOYEES's total assets?

At the end of 2008, OWL WIRE & CABLE, INC. 401K PLAN FOR UNION EMPLOYEES reported total plan assets of $1,590,186.

What are the investment options in OWL WIRE & CABLE, INC. 401K PLAN FOR UNION EMPLOYEES?

MyPlanIQ tracks the investment lineup for OWL WIRE & CABLE, INC. 401K PLAN FOR UNION EMPLOYEES on its investment options page: https://www.myplaniq.com/invest/planinvestments/owl-wire-cable-inc-401k-plan-for-union-employees/

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Q: When was OWL WIRE & CABLE, INC. 401K PLAN FOR UNION EMPLOYEES established?

OWL WIRE & CABLE, INC. 401K PLAN FOR UNION EMPLOYEES was established in 1996.

OWL WIRE & CABLE, INC. 401K PLAN FOR UNION EMPLOYEES

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Contribution & Savings

OWL WIRE & CABLE, INC. 401K PLAN FOR UNION EMPLOYEES Average Participant Retirement Account Value

In 2008, the average participant retirement account value for OWL WIRE & CABLE, INC. 401K PLAN FOR UNION EMPLOYEES is $14,588.00

OWL WIRE & CABLE, INC. 401K PLAN FOR UNION EMPLOYEES Estimated Average Employee Contribution Amount

In 2008, the estimated average employee contribution amount per participant for OWL WIRE & CABLE, INC. 401K PLAN FOR UNION EMPLOYEES is $1,285.00. 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.
82,288.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 1,285.00 in OWL WIRE & CABLE, INC. 401K PLAN FOR UNION EMPLOYEES, 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 OWL WIRE & CABLE, INC. 401K PLAN FOR UNION EMPLOYEES

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