How many participants are in PRYOR CASHMAN LLP 401(K) PLAN B?

At the end of 2024, PRYOR CASHMAN LLP 401(K) PLAN B reported 107 plan participants.

What are PRYOR CASHMAN LLP 401(K) PLAN B's total assets?

At the end of 2024, PRYOR CASHMAN LLP 401(K) PLAN B reported total plan assets of $16,816,811.

When was PRYOR CASHMAN LLP 401(K) PLAN B established?

PRYOR CASHMAN LLP 401(K) PLAN B was established in 1990.

What are the investment options in PRYOR CASHMAN LLP 401(K) PLAN B?

MyPlanIQ tracks the investment lineup for PRYOR CASHMAN LLP 401(K) PLAN B on its investment options page: https://www.myplaniq.com/invest/planinvestments/pryor-cashman-llp-401k-plan-b/

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PRYOR CASHMAN LLP 401(K) PLAN B

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Contribution & Savings

PRYOR CASHMAN LLP 401(K) PLAN B Average Participant Retirement Account Value

In 2024, the average participant retirement account value for PRYOR CASHMAN LLP 401(K) PLAN B is $157,166.00

PRYOR CASHMAN LLP 401(K) PLAN B Estimated Average Employee Contribution Amount

In 2024, the estimated average employee contribution amount per participant for PRYOR CASHMAN LLP 401(K) PLAN B is $14,331.00. 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.
917,228.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 14,331.00 in PRYOR CASHMAN LLP 401(K) PLAN B, 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.

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