What is PROGRAM PLANNING PROFESSIONALS, INC. 401(K)'s employer match?

In 2024, PROGRAM PLANNING PROFESSIONALS, INC. 401(K) reported $636,604 in employer contributions. That is about 49.2% of reported employee contributions.

How many participants are in PROGRAM PLANNING PROFESSIONALS, INC. 401(K)?

At the end of 2024, PROGRAM PLANNING PROFESSIONALS, INC. 401(K) reported 324 plan participants.

What are PROGRAM PLANNING PROFESSIONALS, INC. 401(K)'s total assets?

At the end of 2024, PROGRAM PLANNING PROFESSIONALS, INC. 401(K) reported total plan assets of $11,329,198.

When was PROGRAM PLANNING PROFESSIONALS, INC. 401(K) established?

PROGRAM PLANNING PROFESSIONALS, INC. 401(K) was established in 1996.

What are the investment options in PROGRAM PLANNING PROFESSIONALS, INC. 401(K)?

MyPlanIQ tracks the investment lineup for PROGRAM PLANNING PROFESSIONALS, INC. 401(K) on its investment options page: https://www.myplaniq.com/invest/planinvestments/program-planning-professionals-inc-401k/

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PROGRAM PLANNING PROFESSIONALS, INC. 401(K)

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Contribution & Savings

PROGRAM PLANNING PROFESSIONALS, INC. 401(K) Average Participant Retirement Account Value

In 2024, the average participant retirement account value for PROGRAM PLANNING PROFESSIONALS, INC. 401(K) is $34,966.00

PROGRAM PLANNING PROFESSIONALS, INC. 401(K) Estimated Average Employee Contribution Amount

In 2024, the estimated average employee contribution amount per participant for PROGRAM PLANNING PROFESSIONALS, INC. 401(K) is $7,984.00. 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.
511,017.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 7,984.00 in PROGRAM PLANNING PROFESSIONALS, INC. 401(K), 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 PROGRAM PLANNING PROFESSIONALS, INC. 401(K)

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