What is CLARVIEW REST HOME, INC. 403(B) PLAN's employer match?

In 2022, CLARVIEW REST HOME, INC. 403(B) PLAN reported $23,946 in employer contributions. That is about 22.6% of reported employee contributions.

How many participants are in CLARVIEW REST HOME, INC. 403(B) PLAN?

At the end of 2022, CLARVIEW REST HOME, INC. 403(B) PLAN reported 161 plan participants.

What are CLARVIEW REST HOME, INC. 403(B) PLAN's total assets?

At the end of 2022, CLARVIEW REST HOME, INC. 403(B) PLAN reported total plan assets of $968,977.

When was CLARVIEW REST HOME, INC. 403(B) PLAN established?

CLARVIEW REST HOME, INC. 403(B) PLAN was established in 1992.

What are the investment options in CLARVIEW REST HOME, INC. 403(B) PLAN?

MyPlanIQ tracks the investment lineup for CLARVIEW REST HOME, INC. 403(B) PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/clarview-rest-home-inc-403b-plan/

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CLARVIEW REST HOME, INC. 403(B) PLAN

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Contribution & Savings

CLARVIEW REST HOME, INC. 403(B) PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for CLARVIEW REST HOME, INC. 403(B) PLAN is $6,018.00

CLARVIEW REST HOME, INC. 403(B) PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for CLARVIEW REST HOME, INC. 403(B) PLAN is $722.00. 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.
46,254.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 722.00 in CLARVIEW REST HOME, INC. 403(B) 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.

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