What is SELF CARE, INC. 401(K) PLAN's employer match?

In 2022, SELF CARE, INC. 401(K) PLAN reported $31,858 in employer contributions. That is about 31.3% of reported employee contributions.

How many participants are in SELF CARE, INC. 401(K) PLAN?

At the end of 2022, SELF CARE, INC. 401(K) PLAN reported 189 plan participants.

What are SELF CARE, INC. 401(K) PLAN's total assets?

At the end of 2022, SELF CARE, INC. 401(K) PLAN reported total plan assets of $878,258.

When was SELF CARE, INC. 401(K) PLAN established?

SELF CARE, INC. 401(K) PLAN was established in 1993.

What are the investment options in SELF CARE, INC. 401(K) PLAN?

MyPlanIQ tracks the investment lineup for SELF CARE, INC. 401(K) PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/self-care-inc-401k-plan/

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SELF CARE, INC. 401(K) PLAN

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Contribution & Savings

SELF CARE, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for SELF CARE, INC. 401(K) PLAN is $4,646.00

SELF CARE, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for SELF CARE, INC. 401(K) PLAN is $524.00. 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.
33,591.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 524.00 in SELF CARE, 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 SELF CARE, INC. 401(K) PLAN

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