What is SUPERIOR MULCH INC's employer match?

In 2009, SUPERIOR MULCH INC reported $8,168 in employer contributions. That is about 13.2% of reported employee contributions.

How many participants are in SUPERIOR MULCH INC?

At the end of 2009, SUPERIOR MULCH INC reported 107 plan participants.

What are SUPERIOR MULCH INC's total assets?

At the end of 2009, SUPERIOR MULCH INC reported total plan assets of $641,559.

When was SUPERIOR MULCH INC established?

SUPERIOR MULCH INC was established in 2008.

What are the investment options in SUPERIOR MULCH INC?

MyPlanIQ tracks the investment lineup for SUPERIOR MULCH INC on its investment options page: https://www.myplaniq.com/invest/planinvestments/superior-mulch-inc/

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SUPERIOR MULCH INC

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Contribution & Savings

SUPERIOR MULCH INC Average Participant Retirement Account Value

In 2009, the average participant retirement account value for SUPERIOR MULCH INC is $5,995.00

SUPERIOR MULCH INC Estimated Average Employee Contribution Amount

In 2009, the estimated average employee contribution amount per participant for SUPERIOR MULCH INC is $1,158.00. 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.
74,121.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 1,158.00 in SUPERIOR MULCH 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 SUPERIOR MULCH INC

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