Page 18 - 2017-18 Optimas Benefits Guide
P. 18
Retirement Benefits
Fidelity Access Tools 401(k) Retirement Plan
and Resources The Optimas OE Solutions Holdings, LLC employee savings plan
On the web: www.401k.com managed by Fidelity is one of the best ways to save money for retirement
and allows you to defer taxes on your current income.
Over the phone:
800.835.5097
Optimas Plan Overview
On your own: Fidelity’s Employer match—Optimas will match 100% of the irst 3% of salary
retirement planning tools and contributed and 50% of the next 3% of salary contributed—4.5%
services, including NetBeneits ®
company match in total based upon 6% employee contribution
Online or by mail: quarterly Vesting—employer contributions made by Optimas are 100% vested;
statements, newsletters, and
documents you are always 100% vested in your salary deferrals
One-on-one: retirement Roth—you may elect to defer salary on a “post-tax” basis
education and planning services Automatic features—the plan offers a voluntary automatic increase
service; if you would like your deferral percentage to increase by 1%
per year, you need to make the election by contacting Fidelity
Plan Provisions
Eligibility Immediate
Plan Entry Immediate
Employee Deferral 1–50% of compensation, subject to annual IRS limit*
Employer Match 100% of 3% and 50% of the next 3%
Vesting 100% vested
Loans 1 loan outstanding at a time
* IRS limit for elective deferrals is $18,000 for 2017; if age 50 or older at any time in the 2017
calendar year, you may defer an additional $6,000.
18 2017–18 Benefits Enrollment
Fidelity Access Tools 401(k) Retirement Plan
and Resources The Optimas OE Solutions Holdings, LLC employee savings plan
On the web: www.401k.com managed by Fidelity is one of the best ways to save money for retirement
and allows you to defer taxes on your current income.
Over the phone:
800.835.5097
Optimas Plan Overview
On your own: Fidelity’s Employer match—Optimas will match 100% of the irst 3% of salary
retirement planning tools and contributed and 50% of the next 3% of salary contributed—4.5%
services, including NetBeneits ®
company match in total based upon 6% employee contribution
Online or by mail: quarterly Vesting—employer contributions made by Optimas are 100% vested;
statements, newsletters, and
documents you are always 100% vested in your salary deferrals
One-on-one: retirement Roth—you may elect to defer salary on a “post-tax” basis
education and planning services Automatic features—the plan offers a voluntary automatic increase
service; if you would like your deferral percentage to increase by 1%
per year, you need to make the election by contacting Fidelity
Plan Provisions
Eligibility Immediate
Plan Entry Immediate
Employee Deferral 1–50% of compensation, subject to annual IRS limit*
Employer Match 100% of 3% and 50% of the next 3%
Vesting 100% vested
Loans 1 loan outstanding at a time
* IRS limit for elective deferrals is $18,000 for 2017; if age 50 or older at any time in the 2017
calendar year, you may defer an additional $6,000.
18 2017–18 Benefits Enrollment
