What is SANSUM CLINIC MATCH PLAN's employer match?

In 2024, SANSUM CLINIC MATCH PLAN reported $1,288,932 in employer contributions. That is about 40.7% of reported employee contributions.

How many participants are in SANSUM CLINIC MATCH PLAN?

At the end of 2024, SANSUM CLINIC MATCH PLAN reported 1,623 plan participants.

What are SANSUM CLINIC MATCH PLAN's total assets?

At the end of 2024, SANSUM CLINIC MATCH PLAN reported total plan assets of $66,183,408.

When was SANSUM CLINIC MATCH PLAN established?

SANSUM CLINIC MATCH PLAN was established in 1991.

What are the investment options in SANSUM CLINIC MATCH PLAN?

MyPlanIQ tracks the investment lineup for SANSUM CLINIC MATCH PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/sansum-clinic-match-plan/

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SANSUM CLINIC MATCH PLAN

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Contribution & Savings

SANSUM CLINIC MATCH PLAN Average Participant Retirement Account Value

In 2024, the average participant retirement account value for SANSUM CLINIC MATCH PLAN is $40,778.00

SANSUM CLINIC MATCH PLAN Estimated Average Employee Contribution Amount

In 2024, the estimated average employee contribution amount per participant for SANSUM CLINIC MATCH PLAN is $1,890.00. 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.
120,964.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 1,890.00 in SANSUM CLINIC MATCH 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 SANSUM CLINIC MATCH PLAN

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