Qualified Retirement Plan Design & Administration
Since PPG Retirement Plan Services does not manage investments and is not an Investment Advisor, you are able to use the investments and Investment Managers of your choosing. We work with many Investment Platforms that allow your participants to have on-line access to their accounts to monitor their investments and make changes. The following are our preferred platforms along with a link to their Sales Representative, so you can find out more information regarding them:v
We also have established relationships with Empower, Mass Mutual, Oppenheimer, Securian, Alerus, American Funds, Prudential, Nationwide and Principal. In addition, the Plan Sponsors we work with have the opportunity to offer a self-directed brokerage account option.
To request a proposal, please contact Scott Butzer or Kevin Lee directly at (262) 657-5541 or by email:
| Type | 2025 | 2024 | 2023 |
|---|---|---|---|
| Contribution and Benefit Limits | |||
| Elective Deferral Limit | $23,500 | $23,000 | $22,500 |
| Catch-Up Contributions (age 50-59 and over 63) | $7,500 | $7,500 | $7,500 |
| Catch-Up Contributions (ages 60-63) | $11,250 | – | – |
| Annual Contribution Limit | $70,000 | $69,000 | $66,000 |
| Annual Contribution Limit including Catch-Up Contributions (age 50-59 and over 63) | $77,500 | $76,500 | $73,500 |
| Annual Contribution Limit including Catch-Up Contributions (age 60-63) | $81,250 | $76,500 | $73,500 |
| Annual Benefit Limit | $280,000 | $275,000 | $265,000 |
| Compensation Limits | |||
| Maximum Plan Compensation | $350,000 | $345,000 | $330,000 |
| Income Subject to Social Security | $176,100 | $168,600 | $160,200 |
| Key EE Compensation Threshold | $230,000 | $220,000 | $215,000 |
| Highly Compensated EE Threshold | $160,000 | $155,000 | $150,000 |
| IRA Limits | |||
| SIMPLE Plan Elective Deferrals | $16,500 | $16,000 | $15,500 |
| SIMPLE Catch-Up Contributions | $3,500 | $3,500 | $3,500 |
| Individual Retirement Account (IRA) | $7,000 | $7,000 | $6,500 |
| IRA Catch-Up Contribution | $1,000 | $1,000 | $1,000 |