What is SPICE WORLD, INC. 401(K) PLAN's employer match?

In 2018, SPICE WORLD, INC. 401(K) PLAN reported $330,761 in employer contributions. That is about 42.4% of reported employee contributions.

How many participants are in SPICE WORLD, INC. 401(K) PLAN?

At the end of 2018, SPICE WORLD, INC. 401(K) PLAN reported 134 plan participants.

What are SPICE WORLD, INC. 401(K) PLAN's total assets?

At the end of 2018, SPICE WORLD, INC. 401(K) PLAN reported total plan assets of $4,713,005.

When was SPICE WORLD, INC. 401(K) PLAN established?

SPICE WORLD, INC. 401(K) PLAN was established in 2015.

What are the investment options in SPICE WORLD, INC. 401(K) PLAN?

MyPlanIQ tracks the investment lineup for SPICE WORLD, INC. 401(K) PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/spice-world-inc-401k-plan/

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SPICE WORLD, INC. 401(K) PLAN

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Contribution & Savings

SPICE WORLD, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2018, the average participant retirement account value for SPICE WORLD, INC. 401(K) PLAN is $35,171.00

SPICE WORLD, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2018, the estimated average employee contribution amount per participant for SPICE WORLD, INC. 401(K) PLAN is $11,653.00. 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.
745,841.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 11,653.00 in SPICE WORLD, 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 SPICE WORLD, INC. 401(K) PLAN

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