The biggest iron mine. The worlds biggest open pit iron mine can be found near Hibbing, Minnesota. At its maximum, the area covered by the Hull Rust open pit mine is five miles (8km) long, 2 miles (3,2km) wide and 535 feet (180m) deep. It looks like a man-made Grand Canyon of over 2,000 acres (8,1kmÂ²).
Nearly two-thirds of plans provide employer matching contributions today. Most common is a dollar-for-dollar up to a specific agreed percentage of pay which is commonly up to 6% of yearly income. The employer matching program is any potential additional payment to an employeeâs 401(k) plan.
What is the maximum employer matching contribution that can be made to a Simple IRA in 2012.3% matching or 2% non.% matching or 2% non elective contributions based on employee salary, or for SE owner the net earnings from SE. The employer must indicate which formula will be used by 11/1 of the prior year for an existing SIMPLE IRA. 250,000 is the max compensation eligible for calculating any match.