Retirement

401(k)

Eligibility

You may participate in the 401(k) plan on the first day of the next month after you have met the following requirements:

Are at least 21 years of age
Completed 4 months of service

The company match will also start at the same time.

To start contributing to your 401(k), log in to netbenefits.fidelity.com or call 800-835-5097.

Employee Contributions

Through automatic payroll deductions, you may contribute between 1% and 100% of your eligible pay into your 401(k), up to the annual IRS dollar limit. In 2025, the limit is $23,500. You decide how much you want to contribute directly from your paycheck, which you can change at the beginning of each payroll period.

If you're 50 or older by the end of the year and have reached the contribution limit, you can contribute even more through the Catch-Up Provision. In 2025, you can add an extra $7,500 to your 401(k).

Annual Increase Program

You can automatically increase your retirement savings plan contributions each year through the Annual Increase Program. To sign up, log in to your NetBenefits account and access the Contributions section, or call 800-835-5097.

Roth 401(k)

You also have the option to contribute to a Roth 401(k). With a Roth 401(k), you make after-tax contributions now, and any earnings can be tax-free when you retire!

Company Contributions

The company will match your 401(k) contributions with Safe Harbor contributions. Here’s how it works:

Dollar for dollar on the first 3% of your eligible pay that you contribute.
50 cents per dollar on the next 2% you contribute.

That means if you contribute 5% of your pay, you get a 4% company match!

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To get the company match, you just need to contribute to your 401(k)—either with before-tax (traditional) or after-tax (Roth) contributions. The company will match based on your total contributions, up to the matching limit.

For purposes of determining your matching contributions under the plan, your contributions will include contributions from the Catch-Up Provision described above.

Investment Assistance

Equity Planning Group provides free assistance to associates, from rolling over a previous plan to choosing investment funds. For more information, contact 419-842-3300 or pjoseph@equitypg.com.

529 Savings Plan

The College America Plan is a savings plan that can help you build a nest egg for your children, grandchildren, nieces, nephews, or anyone else you want to help with college education expenses. The plan offers significant tax advantages to those who invest for higher education. Any earnings received on your contribution will be free from taxes as long as it is used for education purposes.