What is QUALITY STONE VENEER, INC. 401(K) PLAN's employer match?

In 2023, QUALITY STONE VENEER, INC. 401(K) PLAN reported $32,305 in employer contributions. That is about 20.9% of reported employee contributions.

How many participants are in QUALITY STONE VENEER, INC. 401(K) PLAN?

At the end of 2023, QUALITY STONE VENEER, INC. 401(K) PLAN reported 109 plan participants.

What are QUALITY STONE VENEER, INC. 401(K) PLAN's total assets?

At the end of 2023, QUALITY STONE VENEER, INC. 401(K) PLAN reported total plan assets of $3,721,214.

When was QUALITY STONE VENEER, INC. 401(K) PLAN established?

QUALITY STONE VENEER, INC. 401(K) PLAN was established in 1999.

What are the investment options in QUALITY STONE VENEER, INC. 401(K) PLAN?

MyPlanIQ tracks the investment lineup for QUALITY STONE VENEER, INC. 401(K) PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/quality-stone-veneer-inc-401k-plan/

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QUALITY STONE VENEER, INC. 401(K) PLAN

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Contribution & Savings

QUALITY STONE VENEER, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for QUALITY STONE VENEER, INC. 401(K) PLAN is $34,139.00

QUALITY STONE VENEER, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for QUALITY STONE VENEER, INC. 401(K) PLAN is $1,239.00. 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.
79,308.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 1,239.00 in QUALITY STONE VENEER, INC. 401(K) 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 QUALITY STONE VENEER, INC. 401(K) PLAN

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