What is NEW FLYER 401(K) PLAN ANNISTON REGION's employer match?

In 2018, NEW FLYER 401(K) PLAN ANNISTON REGION reported $422,357 in employer contributions. That is about 35.8% of reported employee contributions.

How many participants are in NEW FLYER 401(K) PLAN ANNISTON REGION?

At the end of 2018, NEW FLYER 401(K) PLAN ANNISTON REGION reported 680 plan participants.

What are NEW FLYER 401(K) PLAN ANNISTON REGION's total assets?

At the end of 2018, NEW FLYER 401(K) PLAN ANNISTON REGION reported total plan assets of $19,888,204.

When was NEW FLYER 401(K) PLAN ANNISTON REGION established?

NEW FLYER 401(K) PLAN ANNISTON REGION was established in 1995.

What are the investment options in NEW FLYER 401(K) PLAN ANNISTON REGION?

MyPlanIQ tracks the investment lineup for NEW FLYER 401(K) PLAN ANNISTON REGION on its investment options page: https://www.myplaniq.com/invest/planinvestments/new-flyer-401k-plan-anniston-region/

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NEW FLYER 401(K) PLAN ANNISTON REGION

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Contribution & Savings

NEW FLYER 401(K) PLAN ANNISTON REGION Average Participant Retirement Account Value

In 2018, the average participant retirement account value for NEW FLYER 401(K) PLAN ANNISTON REGION is $29,247.00

NEW FLYER 401(K) PLAN ANNISTON REGION Estimated Average Employee Contribution Amount

In 2018, the estimated average employee contribution amount per participant for NEW FLYER 401(K) PLAN ANNISTON REGION is $3,468.00. 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.
221,966.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 3,468.00 in NEW FLYER 401(K) PLAN ANNISTON REGION, 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 NEW FLYER 401(K) PLAN ANNISTON REGION

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