What is PEC EMPLOYEE THRIFT PLAN's employer match?

In 2010, PEC EMPLOYEE THRIFT PLAN reported $1,615,938 in employer contributions. That is about 47.4% of reported employee contributions.

How many participants are in PEC EMPLOYEE THRIFT PLAN?

At the end of 2010, PEC EMPLOYEE THRIFT PLAN reported 1,168 plan participants.

What are PEC EMPLOYEE THRIFT PLAN's total assets?

At the end of 2010, PEC EMPLOYEE THRIFT PLAN reported total plan assets of $86,307,871.

When was PEC EMPLOYEE THRIFT PLAN established?

PEC EMPLOYEE THRIFT PLAN was established in 1977.

What are the investment options in PEC EMPLOYEE THRIFT PLAN?

MyPlanIQ tracks the investment lineup for PEC EMPLOYEE THRIFT PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/pec-employee-thrift-plan/

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PEC EMPLOYEE THRIFT PLAN

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Contribution & Savings

PEC EMPLOYEE THRIFT PLAN Average Participant Retirement Account Value

In 2010, the average participant retirement account value for PEC EMPLOYEE THRIFT PLAN is $73,893.00

PEC EMPLOYEE THRIFT PLAN Estimated Average Employee Contribution Amount

In 2010, the estimated average employee contribution amount per participant for PEC EMPLOYEE THRIFT PLAN is $5,831.00. 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.
373,230.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 5,831.00 in PEC EMPLOYEE THRIFT PLAN, 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 PEC EMPLOYEE THRIFT PLAN

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