What is BUSINESS CONTROL SYSTEMS, L.P. EMPLOYEE SVG. & PS's employer match?

In 2001, BUSINESS CONTROL SYSTEMS, L.P. EMPLOYEE SVG. & PS reported $34,297 in employer contributions. That is about 13.2% of reported employee contributions.

How many participants are in BUSINESS CONTROL SYSTEMS, L.P. EMPLOYEE SVG. & PS?

At the end of 2001, BUSINESS CONTROL SYSTEMS, L.P. EMPLOYEE SVG. & PS reported 201 plan participants.

What are BUSINESS CONTROL SYSTEMS, L.P. EMPLOYEE SVG. & PS's total assets?

At the end of 2001, BUSINESS CONTROL SYSTEMS, L.P. EMPLOYEE SVG. & PS reported total plan assets of $1,500,746.

What are the investment options in BUSINESS CONTROL SYSTEMS, L.P. EMPLOYEE SVG. & PS?

MyPlanIQ tracks the investment lineup for BUSINESS CONTROL SYSTEMS, L.P. EMPLOYEE SVG. & PS on its investment options page: https://www.myplaniq.com/invest/planinvestments/business-control-systems-lp-employee-svg-ps/

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Q: When was BUSINESS CONTROL SYSTEMS, L.P. EMPLOYEE SVG. & PS established?

BUSINESS CONTROL SYSTEMS, L.P. EMPLOYEE SVG. & PS was established in 1989.

BUSINESS CONTROL SYSTEMS, L.P. EMPLOYEE SVG. & PS

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Contribution & Savings

BUSINESS CONTROL SYSTEMS, L.P. EMPLOYEE SVG. & PS Average Participant Retirement Account Value

In 2001, the average participant retirement account value for BUSINESS CONTROL SYSTEMS, L.P. EMPLOYEE SVG. & PS is $7,466.00

BUSINESS CONTROL SYSTEMS, L.P. EMPLOYEE SVG. & PS Estimated Average Employee Contribution Amount

In 2001, the estimated average employee contribution amount per participant for BUSINESS CONTROL SYSTEMS, L.P. EMPLOYEE SVG. & PS is $2,586.00. If you contribute an amount exceeding this, you have saved more than your colleagues. Congratulations! Keep up the good work. Otherwise, you might want to consider contributing more to ensure a better retirement future.
165,521.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 2,586.00 in BUSINESS CONTROL SYSTEMS, L.P. EMPLOYEE SVG. & PS, assuming a 10%* annual return.

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 BUSINESS CONTROL SYSTEMS, L.P. EMPLOYEE SVG. & PS

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