METGLAS, INC. 401(K) PLAN Contribution & Employer Match
How METGLAS INC Supports Your Retirement Savings
METGLAS INC provides retirement savings benefits through METGLAS, INC. 401(K) PLAN. Understanding your employer’s contribution structure is essential — it directly affects how quickly your retirement nest egg grows. Below you will find the plan’s average account values and contribution patterns based on publicly filed data.
METGLAS, INC. 401(K) PLAN Average Participant Retirement Account Value
METGLAS, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
326,882.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 5,107.00 in METGLAS, INC. 401(K) PLAN, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in METGLAS, INC. 401(K) PLAN
An employer match is one of the most valuable benefits in any 401(k) plan — it is essentially free money added to your retirement savings. Your employer contributes additional funds based on a percentage of your own contributions. Missing out on the full match is one of the most common and costly retirement mistakes employees make.
METGLAS, INC. 401(K) PLAN Total Employer Contribution and Match Rate
METGLAS, INC. 401(K) PLAN Estimated Average Employer Match
Investing in this additonal $2,204.00 for 20 years would give you extra $141,113.00, assuming a 10% annual return.
* Data are from public filings.
Are You Leaving Dollars on the Table?
If you are not contributing enough to capture the maximum employer match, you are literally turning down part of your compensation. For many plans, this can mean thousands of dollars per year in lost employer contributions — money that would compound over decades.
Use the policy details and calculator below to find out exactly how much you need to contribute to capture every dollar of employer matching.
METGLAS, INC. 401(K) PLAN Contribution & Match Policy
METGLAS, INC. 401(K) PLAN Contribution, Match and Other Plan Policies
- Participants may contribute up to 60% of eligible compensation to the Plan.
- In addition, participants may contribute up to 100% of their compensation for the payroll periods in the final month of the Plan year.
- Participants may also contribute 100% of any employer paid bonuses.
- Participants who have attained age 50 before the end of the Plan year are eligible to make catch-up contributions.
- The Plan includes an automatic contribution arrangement.
- Under the automatic contribution arrangement, the Plan treats a participant as having elected to make a pre-tax deferral contribution equal to 3% of compensation provided under the Plan until the participant specifically elects not to have the Company make the contributions or elects a different percentage.
- In October 2016, the Plan was amended to increase the automatic contribution from 3% to 6%.
- Additionally, the automatic contribution arrangement includes an automatic deferral increase provision.
- Each active participant having automatic enrollment contributions made on his behalf shall be increased annually by 2% of compensation, limited to 9% of compensation.
- Company matching contributions are determined annually by the Company’s Board of Directors.
- The Company made matching contributions of approximately $440,000 and $447,000 for the years ended December 31, 2024 and 2023, respectively.
- Participants are immediately vested in their contributions and the Company’s qualified non-elective contributions plus actual earnings thereon.
- Vesting in the Company’s discretionary matching contribution portion of their accounts plus actual earnings thereon is based on years of service.
- A participant is 100% vested after three years of credited service.
- A participant who reaches normal retirement age, dies, or becomes totally and permanently disabled will also become 100% vested.
2025 IRS 401(k) Contribution Limits
The IRS sets annual limits on how much you and your employer can contribute to a 401(k) plan. Knowing these limits helps you maximize tax-advantaged savings. Here are the current limits:
| 2024 | 2025 | |
|---|---|---|
| Employee elective deferrals (pretax + Roth) | $23,000 | $23,500 |
| Employee + employer contributions combined | $69,000 | $70,000 |
| Catch-up contributions (age 50+) | $7,500 | $7,500 |
| Enhanced catch-up (ages 60–63, SECURE 2.0) | N/A | $11,250 |
The power of maxing out: If you contribute the full $23,500 annually for 20 years at a 10% average annual return, you would accumulate approximately $1,505,256. If you can maximize the combined employee+employer limit of $70,000 per year, that grows to roughly $4,480,385 over the same period — more than triple.
Use the 401(k) Savings Calculator to model your specific contribution scenario and see how your savings can grow over time.
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