The ABC Companies Retirement Savings Plan will assist employees in reaching financial goals for retirement. ABC Companies will match as amount equal to 100% of the deferral contributions up to 6% of eligible compensation. Employees are eligible to participate immediately if they are at least 18 years of age. Pre-tax, Roth, and employer matching contributions are available.
Enroll in the Retirement Plan
It’s easy to join the plan and make that next great investment in yourself!
Here’s how:
- First, go to Fidelity NetBenefits at 401k.com.
- Next, set up your password. Please note, you will be prompted to enter your email address.
- Finally, click on the link to enroll.
- If you have questions or need help before getting started, visit 401k.com or call Fidelity at 1-800-835-5097.
Contribution Limits
Through automatic payroll deductions, you may contribute between 1% and 90% of your eligible pay on a pre-tax basis, up to the annual IRS dollar limit (2018=$18,500). You may change your deferral percentage as applicable at the beginning of each payroll period.
If you are age 50 or over by the end of the calendar year and have reached the annual IRS limit or Plan’s maximum contribution limit for the year, you may make additional salary deferral contributions to the Plan up to the IRS Catch Up Provision Limit (2018 = $6,000).
The Roth 401(k) contribution option is available to you. A Roth 401(k) contribution to your retirement plan allows you to make after-tax contributions and take any associated earnings completely tax free at retirement.
ABC Companies Contributions
ABC Companies will make matching contributions in an amount equal to 100% of your deferral contributions up to 6% of your eligible compensation. Pre-tax and Roth contributions are eligible for the employer match.
Investment Options
For more complete information about any of the mutual funds available through the plan, including fees and expenses, log on to Fidelity NetBenefits® at www.401k.com or by calling the Retirement Benefits Line at 1-800-835-5097 for prospectuses. Read them carefully before you invest.
