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The 401(k) Lowdown: Everything You Need to Know

Eligibility
Age 21 with 1 Year of Service (1,000 hours in plan year)

Plan Entry Dates
January 1st & July 1st

Vesting
- Safe Harbor - 100%
- 6 Year Graded (1,000 hours in plan year)

In-Service Distributions

Employer Contributions
3% Safe Harbor (Maybe)

Loans
Deemed Severance Distribution - All Contributions
Any Purpose (1)
You Ask, We Answer: Payroll Streamlined
How do I upload payroll?
How do I delete a duplicate payroll?
How do I change employee status information?
Let’s Stay in Sync:
How We Keep the Conversation Going!

Trustee Review Month

Periodic Check-In Calls

Monthly Educational Emails
February
Your Plan Advisor
Jim Gasaway

What they can help with:
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Investment questions such as
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Allocation choice​
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Deferral amount
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Investment risk
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Financial plan creation
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Retirement and legacy planning
Phone:
860-777-4015
Email:
Your Employees, Always in the Know!

Market Update Month
May

Enrollment Meeting Month

Bi-Weekly Educational Emails
TBD
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