What is CORENSO 401K AND SAVINGS PLAN's employer match?

In 2009, CORENSO 401K AND SAVINGS PLAN reported $289,417 in employer contributions. That is about 62.9% of reported employee contributions.

How many participants are in CORENSO 401K AND SAVINGS PLAN?

At the end of 2009, CORENSO 401K AND SAVINGS PLAN reported 187 plan participants.

What are CORENSO 401K AND SAVINGS PLAN's total assets?

At the end of 2009, CORENSO 401K AND SAVINGS PLAN reported total plan assets of $5,872,737.

When was CORENSO 401K AND SAVINGS PLAN established?

CORENSO 401K AND SAVINGS PLAN was established in 2004.

What are the investment options in CORENSO 401K AND SAVINGS PLAN?

MyPlanIQ tracks the investment lineup for CORENSO 401K AND SAVINGS PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/corenso-401k-and-savings-plan-1/

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CORENSO 401K AND SAVINGS PLAN

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Contribution & Savings

CORENSO 401K AND SAVINGS PLAN Average Participant Retirement Account Value

In 2009, the average participant retirement account value for CORENSO 401K AND SAVINGS PLAN is $31,405.00

CORENSO 401K AND SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2009, the estimated average employee contribution amount per participant for CORENSO 401K AND SAVINGS PLAN is $4,918.00. 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.
314,780.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 4,918.00 in CORENSO 401K AND SAVINGS 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 CORENSO 401K AND SAVINGS PLAN

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