What is CARDNO, INC. 401(K) & PROFIT SHARING PLAN's employer match?

In 2022, CARDNO, INC. 401(K) & PROFIT SHARING PLAN reported $729,354 in employer contributions. That is about 18.0% of reported employee contributions.

How many participants are in CARDNO, INC. 401(K) & PROFIT SHARING PLAN?

At the end of 2022, CARDNO, INC. 401(K) & PROFIT SHARING PLAN reported 2,275 plan participants.

When was CARDNO, INC. 401(K) & PROFIT SHARING PLAN established?

CARDNO, INC. 401(K) & PROFIT SHARING PLAN was established in 1985.

What are the investment options in CARDNO, INC. 401(K) & PROFIT SHARING PLAN?

MyPlanIQ tracks the investment lineup for CARDNO, INC. 401(K) & PROFIT SHARING PLAN on its investment options page: https://www.myplaniq.com/invest/planinvestments/cardno-inc-401k-profit-sharing-plan/

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CARDNO, INC. 401(K) & PROFIT SHARING PLAN

Contribution & Savings

CARDNO, INC. 401(K) & PROFIT SHARING PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for CARDNO, INC. 401(K) & PROFIT SHARING PLAN is $1,722.00. 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.
110,211.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 1,722.00 in CARDNO, INC. 401(K) & PROFIT SHARING 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 CARDNO, INC. 401(K) & PROFIT SHARING PLAN

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Money headlines from this plan

These filing-based headlines surface the numbers most likely to affect a participant decision. Verify current plan documents before acting.

Employer contributions per reported participant: $321
Based on the 2022 public filing. This reported average can include match, profit sharing, or other employer contributions. Review the match and contribution details.
Employee contributions per reported participant: $1,782
Based on the 2022 public filing. Individual contribution rates vary with pay, eligibility, and participation. Model a contribution increase.