Google matches the greater of: a) 100% of a participant’s contribution up to $3,000 or b) 50% of a participant’s contribution up to $…
The IRS limits the total amount you can contribute each year to a 401(k) plan. Limit is $22,500 for 2023.
For those over 50 years old, you can make additional “catch-up” contributions to your 401(k) plan. Limit is $7,500 for 2023.
Google employees invested in the following funds based on public filings as of 12/31/2021.
| Investment | Value ($000) | % |
| Vanguard Target Retirement 2050 Trust | $ 4,589,099 | 15% |
| Vanguard Target Retirement 2045 Trust | $ 3,918,415 | 13% |
| Vanguard Institutional 500 Index Trust | $ 3,897,419 | 13% |
| Vanguard Target Retirement 2055 Trust | $ 3,702,732 | 12% |
| Vanguard Target Retirement 2040 Trust | $ 2,390,622 | 8% |
| Vanguard Target Retirement 2060 Trust | $ 1,599,578 | 5% |
| Vanguard Target Retirement 2035 Trust | $ 1,437,216 | 5% |
| Vanguard Extended Market Index Trust | $ 1,296,356 | 4% |
| Vanguard Developed Market Index Inst. Plus | $ 912,577 | 3% |
| Vanguard Target Retirement 2030 Trust | $ 792,261 | 3% |
| All other | $ 5,932,499 | 19% |
| Total Assets (excluding participant loans) | $ 30,468,774 | 100% |
Source: Form 5500 filed October 17, 2022
