ROBINSON & HENRY P C 401(K) PLAN Contribution & Employer Match
How ROBINSON & HENRY P C Supports Your Retirement Savings
ROBINSON & HENRY P C provides retirement savings benefits through ROBINSON & HENRY P C 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.
ROBINSON & HENRY P C 401(K) PLAN Average Participant Retirement Account Value
ROBINSON & HENRY P C 401(K) PLAN Estimated Average Employee Contribution Amount
543,084.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 8,485.00 in ROBINSON & HENRY P C 401(K) PLAN, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in ROBINSON & HENRY P C 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.
ROBINSON & HENRY P C 401(K) PLAN Total Employer Contribution and Match Rate
ROBINSON & HENRY P C 401(K) PLAN Estimated Average Employer Match
Investing in this additonal $1,227.00 for 20 years would give you extra $78,576.00, 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.
ROBINSON & HENRY P C 401(K) PLAN Contribution & Match Policy
ROBINSON & HENRY P C 401(K) PLAN Contribution, Match and Other Plan Policies
- Unless they affirmatively elect otherwise, eligible participants will have their compensation reduced in accordance with a Qualified Automatic Contribution Arrangement (QACA), as defined by the Plan.
- Alternatively, participants may elect to contribute (through payroll withholding) an amount of such participant’s compensation on a before-tax or after tax (Roth) basis for each payroll period, subject to an annual maximum dollar limitation of $23,000 and $22,500 in 2024 and 2023, respectively, as determined by government regulations.
- Participants who have attained age 50 before the end of the plan year are eligible to make catch-up contributions of up to $7,500 in both 2024 and 2023.
- The Employer has elected to contribute as a QACA Safe Harbor matching contribution 100% of the Participant contribution up to a maximum of 1% of the Participant’s compensation plus 50% of the next 5% of eligible Participant’s compensation.
- Vesting schedule:
- 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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