What is THE PEPSICO 401(K) PLAN FOR HOURLY EMPLOYEES's employer match?

In 2017, THE PEPSICO 401(K) PLAN FOR HOURLY EMPLOYEES reported $16,511,000 in employer contributions. That is about 26.4% of reported employee contributions.

How many participants are in THE PEPSICO 401(K) PLAN FOR HOURLY EMPLOYEES?

At the end of 2017, THE PEPSICO 401(K) PLAN FOR HOURLY EMPLOYEES reported 50,617 plan participants.

When was THE PEPSICO 401(K) PLAN FOR HOURLY EMPLOYEES established?

THE PEPSICO 401(K) PLAN FOR HOURLY EMPLOYEES was established in 2002.

What are the investment options in THE PEPSICO 401(K) PLAN FOR HOURLY EMPLOYEES?

MyPlanIQ tracks the investment lineup for THE PEPSICO 401(K) PLAN FOR HOURLY EMPLOYEES on its investment options page: https://www.myplaniq.com/invest/planinvestments/the-pepsico-401k-plan-for-hourly-employees/

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THE PEPSICO 401(K) PLAN FOR HOURLY EMPLOYEES

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THE PEPSICO 401(K) PLAN FOR HOURLY EMPLOYEES Estimated Average Employee Contribution Amount

In 2017, the estimated average employee contribution amount per participant for THE PEPSICO 401(K) PLAN FOR HOURLY EMPLOYEES is $2,468.00. 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.
157,953.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 2,468.00 in THE PEPSICO 401(K) PLAN FOR HOURLY EMPLOYEES, 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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