OSHKOSH DOOR COMPANY 401K PLAN Contribution & Employer Match
How OSHKOSH DOOR COMPANY Supports Your Retirement Savings
OSHKOSH DOOR COMPANY provides retirement savings benefits through OSHKOSH DOOR COMPANY 401K 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.
OSHKOSH DOOR COMPANY 401K PLAN Average Participant Retirement Account Value
OSHKOSH DOOR COMPANY 401K PLAN Estimated Average Employee Contribution Amount
273,308.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 4,270.00 in OSHKOSH DOOR COMPANY 401K PLAN, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in OSHKOSH DOOR COMPANY 401K 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.
OSHKOSH DOOR COMPANY 401K PLAN Total Employer Contribution and Match Rate
OSHKOSH DOOR COMPANY 401K PLAN Estimated Average Employer Match
Investing in this additonal $1,452.00 for 20 years would give you extra $92,929.00, 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.
OSHKOSH DOOR COMPANY 401K PLAN Contribution & Match Policy
OSHKOSH DOOR COMPANY 401K PLAN Contribution, Match and Other Plan Policies
- The Plan includes a salary deferral arrangement allowed under Section 401(k) of the Internal Revenue Code (IRC).
- Eligible participants are permitted to elect to have a percentage, limited by Plan provisions, of their compensation contributed as pre-tax 401(k) or Roth contributions.
- The Plan includes an auto-enrollment provisions whereby all newly eligible employees are automatically enrolled in the Plan unless affirmatively elect not to participate in the Plan.
- Automatically enrolled participants have their deferral rate set at 3% of eligible compensation.
- Participants who are part of the automatic pre-tax deferral provision will have their deferral increased 1% per year until the deferral reaches the limit of 10% for participants under this automatic increase provision.
- Participants who have attained age 50 before the end of the Plan year are eligible to make catch-up contributions.
- Oshkosh Door Company and Edgewater Door Company, LLC matched 50% of participant contributions up to 3% of their compensation during the year ended December 31, 2024.
- Participants are immediately vested in their contributions plus actual earnings thereon.
- Vesting in the Companies’ contribution portion of their accounts is based on years of continuous service.
- Participants become 20% vested after completing one year of service and are additionally vested at 20% for each year of additional service up to five years of service, at which time participants are fully vested.
- However, upon the participant’s death, disability, or attainment of normal retirement age, all amounts are immediately vested.
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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