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401(k) Retirement Plan

Automatic Services

Automatic Services

  1. If you were currently auto-enrolled at 3%, we will add a 1% annual increase up to 15% each April, starting in 2016.
  2. For a new hire entering the plan in 2016, you will be auto-enrolled at a new 6% rate.  We will add a 1% annual increase schedule each April as well, but your first increase will not start until April 2017.
  3. If you were not auto enrolled, we would add a 1% annual increase up to 15% for you each April, starting in 2016