BAYFIRST SOLUTIONS 401(K) PLAN
Employer Match
An employer match is deemed as ‘free’ money wherein your employer contributes additional funds to your allocated retirement savings plan. The matching amount can frequently be several percentage points of your compensation. Don’t avoid this free salary ‘raise’.
In 2021, BAYFIRST SOLUTIONS 401(K) PLAN allocates $411,579 to match its employees’ contributions, providing an employer match rate of 40.61% of their contributions
In 2021, the estimated average employer match for an employee in BAYFIRST SOLUTIONS 401(K) PLAN is approximately $1,969