NEW HOPE TREATMENT CENTERS 401(K) PLAN Contribution & Employer Match
How NEW HOPE TREATMENT CENTERS, LLC Supports Your Retirement Savings
NEW HOPE TREATMENT CENTERS, LLC provides retirement savings benefits through NEW HOPE TREATMENT CENTERS 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.
NEW HOPE TREATMENT CENTERS 401(K) PLAN Average Participant Retirement Account Value
NEW HOPE TREATMENT CENTERS 401(K) PLAN Estimated Average Employee Contribution Amount
91,483.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 1,429.00 in NEW HOPE TREATMENT CENTERS 401(K) PLAN, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in NEW HOPE TREATMENT CENTERS 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.
NEW HOPE TREATMENT CENTERS 401(K) PLAN Total Employer Contribution and Match Rate
NEW HOPE TREATMENT CENTERS 401(K) PLAN Estimated Average Employer Match
Investing in this additonal $188.00 for 20 years would give you extra $12,038.00, 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.
NEW HOPE TREATMENT CENTERS 401(K) PLAN Contribution & Match Policy
NEW HOPE TREATMENT CENTERS 401(K) PLAN Contribution, Match and Other Plan Policies
- Each year, participants may contribute an elected amount of pretax annual compensation, as defined in the Plan.
- Additionally, participants may elect to make after-tax Roth contributions to the Plan.
- Participants who are age fifty or older by the end of the year are eligible to make an additional catch-up contribution to the Plan.
- The Plan contains an automatic enrollment provision.
- Upon meeting the Plan’s eligibility requirements, participants are automatically enrolled at an initial contribution rate of 4% of pretax eligible compensation.
- Subsequently, there is an annual automatic increase of 1% up to a maximum of 8% implemented on the first day of the Plan year.
- The Company may provide a discretionary matching contribution and an additional non-elective contribution, which may be made on a discretionary basis, dependent on the Company’s operating results at the option of the Companies’ Board of Directors.
- The Company elected to make a discretionary matching contribution for the year ended December 31, 2024.
- Participants are immediately vested in their elective contributions plus actual earnings thereon.
- Vesting in the Company discretionary match and non-elective contributions is based on a six-year graded vesting schedule.
- Vesting Years of Service Percentage Less than two years 0% More than two years, less than three years 20% More than three years, less than four years 40% More than four years, less than five years 60% More than five years, less than six years 80% More than six years 100%
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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