U A LOCAL 322 ANNUITY FUND
Contribution & Savings
U A LOCAL 322 ANNUITY FUND Average Participant Retirement Account Value
In 2023, the average participant retirement account value for U A LOCAL 322 ANNUITY FUND is $54,219.00
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 U A LOCAL 322 ANNUITY FUND
Use the links below to move from this plan page into calculators, related retirement articles, and comparable plans in a similar industry or size band. That gives you a faster way to compare match design, fees, investments, and savings strategy in context.
Related Calculators
- 401(k) Employer Match Calculator
- Investment Fee Impact Calculator
- Mega Backdoor Roth 401(k) Calculator
Related Plans
- PLUMBERS PIPEFITTERS LOCAL NO 776 PROFIT SHARING ANNUITY PLAN (2,426 participants, $43,969,392)
- U.A. UNION LOCAL NO. 290 PLUMBER, STEAMFITTER & SHIPFITTER INDUSTRY 401K PLAN (2,431 participants, $93,852,333)
- COLORADO PIPE INDUSTRY ANNUITY AND SALARY DEFERRAL TRUST (2,352 participants, $67,527,620)
- PIPE TRADES DISTRICT COUNCIL 36 DEFINED CONTRIBUTION PLAN (2,341 participants, $134,453,705)
- PLUMBERS AND STEAMFITTERS LOCAL 400 AND MECHANICAL CONTRACTORS ASSOCIATION OF NORTH CENTRAL WISCONSIN PROFIT SHARING/401(K) PLAN (2,324 participants, $476,805,925)