How many participants are in HOWARD PLATING IND 401K/PS PLAN FOR UAW LOCAL 835?

At the end of 2000, HOWARD PLATING IND 401K/PS PLAN FOR UAW LOCAL 835 reported 197 plan participants.

What are HOWARD PLATING IND 401K/PS PLAN FOR UAW LOCAL 835's total assets?

At the end of 2000, HOWARD PLATING IND 401K/PS PLAN FOR UAW LOCAL 835 reported total plan assets of $455,811.

What are the investment options in HOWARD PLATING IND 401K/PS PLAN FOR UAW LOCAL 835?

MyPlanIQ tracks the investment lineup for HOWARD PLATING IND 401K/PS PLAN FOR UAW LOCAL 835 on its investment options page: https://www.myplaniq.com/invest/planinvestments/howard-plating-ind-401kps-plan-for-uaw-local-835/

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Q: When was HOWARD PLATING IND 401K/PS PLAN FOR UAW LOCAL 835 established?

HOWARD PLATING IND 401K/PS PLAN FOR UAW LOCAL 835 was established in 1964.

HOWARD PLATING IND 401K/PS PLAN FOR UAW LOCAL 835

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Contribution & Savings

HOWARD PLATING IND 401K/PS PLAN FOR UAW LOCAL 835 Average Participant Retirement Account Value

In 2000, the average participant retirement account value for HOWARD PLATING IND 401K/PS PLAN FOR UAW LOCAL 835 is $2,313.00

HOWARD PLATING IND 401K/PS PLAN FOR UAW LOCAL 835 Estimated Average Employee Contribution Amount

In 2000, the estimated average employee contribution amount per participant for HOWARD PLATING IND 401K/PS PLAN FOR UAW LOCAL 835 is $609.00. 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.
38,976.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 609.00 in HOWARD PLATING IND 401K/PS PLAN FOR UAW LOCAL 835, 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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