How many participants are in SABATES EYE CENTERS, P.A. 401(K) PLAN?

At the end of 2023, SABATES EYE CENTERS, P.A. 401(K) PLAN reported 147 plan participants.

What are SABATES EYE CENTERS, P.A. 401(K) PLAN's total assets?

At the end of 2023, SABATES EYE CENTERS, P.A. 401(K) PLAN reported total plan assets of $371.

When was SABATES EYE CENTERS, P.A. 401(K) PLAN established?

SABATES EYE CENTERS, P.A. 401(K) PLAN was established in 1996.

What are the investment options in SABATES EYE CENTERS, P.A. 401(K) PLAN?

MyPlanIQ tracks the investment lineup for SABATES EYE CENTERS, P.A. 401(K) PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/sabates-eye-centers-pa-401k-plan/

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SABATES EYE CENTERS, P.A. 401(K) PLAN

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Contribution & Savings

SABATES EYE CENTERS, P.A. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SABATES EYE CENTERS, P.A. 401(K) PLAN is $2.00

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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