401(k) Retirement Savings Plan
Administered by Fidelity
The Company provides an excellent way for employees to save for their future through the 401(k) Plan.
Regular full- and part-time employees aged 18 or older will be automatically enrolled in the plan at a 6% contribution rate.
​
-
Employees can elect to “opt out” of automatic enrollment within 30 days of hire.
​
-
Employees who wish to remain enrolled can adjust their contribution rates as needed and make contributions from their eligible pay up to the IRS dollar limit.
Employees may select where their funds will be invested from numerous Fidelity offerings.
Matching Contributions
For purposes of matching contributions, employee contributions will be matched by the Company on a per pay period basis.
The Company contribution is 100%, matching up to 6% of the employee’s annual compensation up to the maximum annual compensation limit established by the IRS. The program has a five (5) year vesting schedule.
