What is CENTRAL EMPLOYEES SAVINGS PLAN's employer match?

In 2024, CENTRAL EMPLOYEES SAVINGS PLAN reported $307,632 in employer contributions. That is about 3.7% of reported employee contributions.

How many participants are in CENTRAL EMPLOYEES SAVINGS PLAN?

At the end of 2024, CENTRAL EMPLOYEES SAVINGS PLAN reported 5,923 plan participants.

What are CENTRAL EMPLOYEES SAVINGS PLAN's total assets?

At the end of 2024, CENTRAL EMPLOYEES SAVINGS PLAN reported total plan assets of $94,396,687.

When was CENTRAL EMPLOYEES SAVINGS PLAN established?

CENTRAL EMPLOYEES SAVINGS PLAN was established in 1987.

What are the investment options in CENTRAL EMPLOYEES SAVINGS PLAN?

MyPlanIQ tracks the investment lineup for CENTRAL EMPLOYEES SAVINGS PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/central-employees-savings-plan/

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CENTRAL EMPLOYEES SAVINGS PLAN

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Contribution & Savings

CENTRAL EMPLOYEES SAVINGS PLAN Average Participant Retirement Account Value

In 2024, the average participant retirement account value for CENTRAL EMPLOYEES SAVINGS PLAN is $15,937.00

CENTRAL EMPLOYEES SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2024, the estimated average employee contribution amount per participant for CENTRAL EMPLOYEES SAVINGS PLAN is $1,560.00. 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.
99,879.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 1,560.00 in CENTRAL EMPLOYEES SAVINGS PLAN, 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 CENTRAL EMPLOYEES SAVINGS PLAN

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