What is SENTRY EQUIPMENT ERECTORS, INC.'s employer match?

In 2008, SENTRY EQUIPMENT ERECTORS, INC. reported $1,454,511 in employer contributions. That is about 166.7% of reported employee contributions.

How many participants are in SENTRY EQUIPMENT ERECTORS, INC.?

At the end of 2008, SENTRY EQUIPMENT ERECTORS, INC. reported 220 plan participants.

What are SENTRY EQUIPMENT ERECTORS, INC.'s total assets?

At the end of 2008, SENTRY EQUIPMENT ERECTORS, INC. reported total plan assets of $29,682,107.

When was SENTRY EQUIPMENT ERECTORS, INC. established?

SENTRY EQUIPMENT ERECTORS, INC. was established in 1985.

What are the investment options in SENTRY EQUIPMENT ERECTORS, INC.?

MyPlanIQ tracks the investment lineup for SENTRY EQUIPMENT ERECTORS, INC. on its investment options page: https://www.myplaniq.com/invest/planinvestments/sentry-equipment-erectors-inc/

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SENTRY EQUIPMENT ERECTORS, INC.

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Contribution & Savings

SENTRY EQUIPMENT ERECTORS, INC. Average Participant Retirement Account Value

In 2008, the average participant retirement account value for SENTRY EQUIPMENT ERECTORS, INC. is $134,918.00

SENTRY EQUIPMENT ERECTORS, INC. Estimated Average Employee Contribution Amount

In 2008, the estimated average employee contribution amount per participant for SENTRY EQUIPMENT ERECTORS, INC. is $7,930.00. 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.
507,552.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 7,930.00 in SENTRY EQUIPMENT ERECTORS, 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 SENTRY EQUIPMENT ERECTORS, INC.

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