How many participants are in GARSITE/NEW PROGRESS 401K/PROFIT SHARING PLAN?

At the end of 2004, GARSITE/NEW PROGRESS 401K/PROFIT SHARING PLAN reported 179 plan participants.

What are GARSITE/NEW PROGRESS 401K/PROFIT SHARING PLAN's total assets?

At the end of 2004, GARSITE/NEW PROGRESS 401K/PROFIT SHARING PLAN reported total plan assets of $2,162,031.

What are the investment options in GARSITE/NEW PROGRESS 401K/PROFIT SHARING PLAN?

MyPlanIQ tracks the investment lineup for GARSITE/NEW PROGRESS 401K/PROFIT SHARING PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/garsitenew-progress-401kprofit-sharing-plan/

plancontribution

Q: When was GARSITE/NEW PROGRESS 401K/PROFIT SHARING PLAN established?

GARSITE/NEW PROGRESS 401K/PROFIT SHARING PLAN was established in 1990.

GARSITE/NEW PROGRESS 401K/PROFIT SHARING PLAN

Overview
Contribution & Match
Investments
Login
Rollover

Contribution & Savings

GARSITE/NEW PROGRESS 401K/PROFIT SHARING PLAN Average Participant Retirement Account Value

In 2004, the average participant retirement account value for GARSITE/NEW PROGRESS 401K/PROFIT SHARING PLAN is $12,078.00

GARSITE/NEW PROGRESS 401K/PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2004, the estimated average employee contribution amount per participant for GARSITE/NEW PROGRESS 401K/PROFIT SHARING PLAN is $2,484.00. 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.
159,033.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 2,484.00 in GARSITE/NEW PROGRESS 401K/PROFIT SHARING 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 GARSITE/NEW PROGRESS 401K/PROFIT SHARING PLAN

Use the links below to move from this plan page into calculators, related retirement articles, and comparable plans in a similar industry or size band. That gives you a faster way to compare match design, fees, investments, and savings strategy in context.