How many participants are in ROCHESTER HOMES, INC.?

At the end of 2023, ROCHESTER HOMES, INC. reported 115 plan participants.

What are ROCHESTER HOMES, INC.'s total assets?

At the end of 2023, ROCHESTER HOMES, INC. reported total plan assets of $1,679,403.

When was ROCHESTER HOMES, INC. established?

ROCHESTER HOMES, INC. was established in 1978.

What are the investment options in ROCHESTER HOMES, INC.?

MyPlanIQ tracks the investment lineup for ROCHESTER HOMES, INC. on its investment options page: https://www.myplaniq.com/invest/planinvestments/rochester-homes-inc/

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ROCHESTER HOMES, INC.

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Contribution & Savings

ROCHESTER HOMES, INC. Average Participant Retirement Account Value

In 2023, the average participant retirement account value for ROCHESTER HOMES, INC. is $14,603.00

ROCHESTER HOMES, INC. Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for ROCHESTER HOMES, INC. is $1,904.00. 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.
121,880.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 1,904.00 in ROCHESTER HOMES, 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 ROCHESTER HOMES, INC.

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