MEDICAL DATA SYSTEMS, INC. 401(K) PLAN Contribution & Employer Match
How MEDICAL DATA SYSTEM, INC. Supports Your Retirement Savings
MEDICAL DATA SYSTEM, INC. provides retirement savings benefits through MEDICAL DATA SYSTEMS, INC. 401(K) PLAN. Understanding your employer’s contribution structure is essential — it directly affects how quickly your retirement nest egg grows. Below you will find the plan’s average account values and contribution patterns based on publicly filed data.
MEDICAL DATA SYSTEMS, INC. 401(K) PLAN Average Participant Retirement Account Value
MEDICAL DATA SYSTEMS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
62,281.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 973.00 in MEDICAL DATA SYSTEMS, INC. 401(K) PLAN, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in MEDICAL DATA SYSTEMS, INC. 401(K) PLAN
An employer match is one of the most valuable benefits in any 401(k) plan — it is essentially free money added to your retirement savings. Your employer contributes additional funds based on a percentage of your own contributions. Missing out on the full match is one of the most common and costly retirement mistakes employees make.
MEDICAL DATA SYSTEMS, INC. 401(K) PLAN Total Employer Contribution and Match Rate
MEDICAL DATA SYSTEMS, INC. 401(K) PLAN Estimated Average Employer Match
Investing in this additonal $399.00 for 20 years would give you extra $25,597.00, assuming a 10% annual return.
* Data are from public filings.
Are You Leaving Dollars on the Table?
If you are not contributing enough to capture the maximum employer match, you are literally turning down part of your compensation. For many plans, this can mean thousands of dollars per year in lost employer contributions — money that would compound over decades.
Use the policy details and calculator below to find out exactly how much you need to contribute to capture every dollar of employer matching.
MEDICAL DATA SYSTEMS, INC. 401(K) PLAN Contribution & Match Policy
MEDICAL DATA SYSTEMS, INC. 401(K) PLAN Contribution, Match and Other Plan Policies
- Employees may elect pretax contributions of up to 90% of their eligible annual compensation, as defined in the Plan Agreement, subject to certain IRS limitations.
- The Plan also allows employees to elect Roth after-tax contributions and provides for new eligible participants to be automatically enrolled with a pretax deferral of 3%.
- The Plan provides for an employer matching contribution equal to 50% of eligible employees’ contributions of the first 6% of each employee’s eligible compensation, as determined each payroll period.
- Participants are immediately vested in their voluntary contributions plus actual earnings thereon. Vesting for the remainder of their accounts is based on years of continuous service. A participant is 100 percent vested at the normal retirement age of 65, death, disability, and after five years of credited service as follows: Vesting Years of Service
- Less than 2 years: 0%
2025 IRS 401(k) Contribution Limits
The IRS sets annual limits on how much you and your employer can contribute to a 401(k) plan. Knowing these limits helps you maximize tax-advantaged savings. Here are the current limits:
| 2024 | 2025 | |
|---|---|---|
| Employee elective deferrals (pretax + Roth) | $23,000 | $23,500 |
| Employee + employer contributions combined | $69,000 | $70,000 |
| Catch-up contributions (age 50+) | $7,500 | $7,500 |
| Enhanced catch-up (ages 60–63, SECURE 2.0) | N/A | $11,250 |
The power of maxing out: If you contribute the full $23,500 annually for 20 years at a 10% average annual return, you would accumulate approximately $1,505,256. If you can maximize the combined employee+employer limit of $70,000 per year, that grows to roughly $4,480,385 over the same period — more than triple.
Use the 401(k) Savings Calculator to model your specific contribution scenario and see how your savings can grow over time.
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