Page 23 - 2019 DAN
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401(k) Profit Sharing Plan
Our 401(k) Proit Sharing Plan, helps you build your If you previously worked for DAN, you may
For Your invest in your future. You can contribute 1–75% vesting. To ensure prior service is applied to your
personal wealth and gives you the opportunity to
be entitled to prior service credit toward your
account, please complete and return the 401(k)
of your eligible pay* on a pre-tax and/or post-tax
Prior Service Form. To assist you in managing your
basis up to the annual IRS limit. In 2018, the annual
Growth limit is $18,500. annual contributions and to ensure that you don’t
contribute more than the annual IRS limit, be sure
If you have reached age 50 or will reach age 50
to complete and return the 401(k) Information
during the calendar year, January 1–December, 31,
Form. Both of these forms are provided to you
you may make an additional catch-up contribution.
As of January 1, 2017, the catch-up contribution during your on boarding process.
limit was $6,000. * The annual IRS eligible compensation limit in 2018 is
$275,000.
You will automatically be enrolled in the plan at a
contribution rate of 6% and in the age appropriate
target date fund. This will occur approximately 90
days from your date of hire. Once you’re enrolled,
the plan will provide you with a Company match of
50% of every dollar you contribute up to the irst
6% of your eligible pay. The Company match will
be vested based on this schedule.
Years of Service Vesting Percentage
1-2 25%
2-3 50%
3-4 75%
4+ 100%
22 2019 Benefits Enrollment Dentsu Aegis Network 23
Our 401(k) Proit Sharing Plan, helps you build your If you previously worked for DAN, you may
For Your invest in your future. You can contribute 1–75% vesting. To ensure prior service is applied to your
personal wealth and gives you the opportunity to
be entitled to prior service credit toward your
account, please complete and return the 401(k)
of your eligible pay* on a pre-tax and/or post-tax
Prior Service Form. To assist you in managing your
basis up to the annual IRS limit. In 2018, the annual
Growth limit is $18,500. annual contributions and to ensure that you don’t
contribute more than the annual IRS limit, be sure
If you have reached age 50 or will reach age 50
to complete and return the 401(k) Information
during the calendar year, January 1–December, 31,
Form. Both of these forms are provided to you
you may make an additional catch-up contribution.
As of January 1, 2017, the catch-up contribution during your on boarding process.
limit was $6,000. * The annual IRS eligible compensation limit in 2018 is
$275,000.
You will automatically be enrolled in the plan at a
contribution rate of 6% and in the age appropriate
target date fund. This will occur approximately 90
days from your date of hire. Once you’re enrolled,
the plan will provide you with a Company match of
50% of every dollar you contribute up to the irst
6% of your eligible pay. The Company match will
be vested based on this schedule.
Years of Service Vesting Percentage
1-2 25%
2-3 50%
3-4 75%
4+ 100%
22 2019 Benefits Enrollment Dentsu Aegis Network 23
