Mirabel Golf Club, Inc
Make the Most of Your 401(k) in 2025
Welcome to your Mirabel Golf Club 401(k) Profit Sharing Plan overview. Learn about automatic enrollment, employer matching, 2025 contribution limits, and how to access your account and free financial planning support.
Plan Details
Click the headings below to learn more about your plan’s features and benefits.
Eligibility
Age 21 or older and completion of 3 months of service. You will be automatically enrolled in the plan at 3% deferral unless you opt out. To opt out call 1-800-338-4015.
Employer Match
100% of first 1%, plus 50% of the next 5% of deferral.
Your match will be vested as follows
Completion of Year 1 – 0%, Year 2 = 0%, Year 3 – 100%.
Contribution Limits
The standard limit for contributions in 2025 is $23,500.
Catch Up Contributions
Age 50 or older may contribute an additional $7,500 (2025 limit) for a total of $31,000 (2025).
Super Catch Up Contributions
Between ages 60 and 63, can contribute up to $11,250 as a catch-up contribution (2025), for a total of $34,750 (2025).
Beneficiaries
Be sure to update your beneficiaries once your account is created. Keeping your 401(k) beneficiaries up to date ensures that your retirement savings are distributed according to your wishes in the event of your death.
Mobile App
Download the Empower RetireSMARTSM app to enroll and keep tabs on your account. Search for “RetireSmart” or “Empower” in your Apple App Store® or Google Play™
Additional Benefits
As part of your benefits package, you have access to free 1-on-1 Retirement Planning and Financial Planning meetings through Arcwood Financial. Meetings will be 1 hour via Zoom. Topics can include portfolio analysis, retirement savings and projected retirement income, college savings, debt management, emergency savings, etc.
Click here to schedule your meeting
More Resources
If you prefer a learn on your own approach below are links to a few educational videos from Arcwood.
