№ lp_2_3_61932
Explanatory source presenting numerical scenarios that detail employee and employer contribution allocations to the BH 401(k) Plan and SRP in 2021 under the IRS compensation limit.
Year: 2021
Organization: BH
Plan Name: BH 401(k) Plan (401(k))
Related Plan: SRP
Subject: Retirement plan contributions and IRS compensation limit
Document Type: Explanatory financial plan examples
Regulatory Reference: IRS compensation limit of $290,000
Contribution Types: Pre-tax, Roth, Matching contributions, Automatic base contributions, Basic contributions
Compensation Types: Base salary, Bonus
Audience: Employees eligible for BH 401(k) Plan and SRP
Contribution Rate Reference: 5% employee contribution; 5% matching; 4% automatic base; 9% total company contribution
Price: 8 / 10 USD
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