What is RICOH BUSINESS SYSTEMS, INC.'s employer match?

In 2000, RICOH BUSINESS SYSTEMS, INC. reported $144,545 in employer contributions. That is about 13.1% of reported employee contributions.

How many participants are in RICOH BUSINESS SYSTEMS, INC.?

At the end of 2000, RICOH BUSINESS SYSTEMS, INC. reported 503 plan participants.

What are RICOH BUSINESS SYSTEMS, INC.'s total assets?

At the end of 2000, RICOH BUSINESS SYSTEMS, INC. reported total plan assets of $6,498,824.

When was RICOH BUSINESS SYSTEMS, INC. established?

RICOH BUSINESS SYSTEMS, INC. was established in 1999.

What are the investment options in RICOH BUSINESS SYSTEMS, INC.?

MyPlanIQ tracks the investment lineup for RICOH BUSINESS SYSTEMS, INC. on its investment options page: https://www.myplaniq.com/invest/planinvestments/ricoh-business-systems-inc/

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RICOH BUSINESS SYSTEMS, INC.

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Contribution & Savings

RICOH BUSINESS SYSTEMS, INC. Average Participant Retirement Account Value

In 2000, the average participant retirement account value for RICOH BUSINESS SYSTEMS, INC. is $12,920.00

RICOH BUSINESS SYSTEMS, INC. Estimated Average Employee Contribution Amount

In 2000, the estimated average employee contribution amount per participant for RICOH BUSINESS SYSTEMS, INC. is $4,399.00. 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.
281,538.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 4,399.00 in RICOH BUSINESS SYSTEMS, INC., 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 RICOH BUSINESS SYSTEMS, INC.

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