How many participants are in PHE 401(K) PLAN?

At the end of 2023, PHE 401(K) PLAN reported 209 plan participants.

What are PHE 401(K) PLAN's total assets?

At the end of 2023, PHE 401(K) PLAN reported total plan assets of $531,251.

When was PHE 401(K) PLAN established?

PHE 401(K) PLAN was established in 2012.

What are the investment options in PHE 401(K) PLAN?

MyPlanIQ tracks the investment lineup for PHE 401(K) PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/phe-401k-plan/

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PHE 401(K) PLAN

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Contribution & Savings

PHE 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for PHE 401(K) PLAN is $2,541.00

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.

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