Page 23 - 2018 DAN Enrollment
P. 23
401(k) Profit Sharing Plan
Our 401(k) Proit Sharing Plan, administered by If you would like to participate in the plan as soon
For Your wealth and gives you the opportunity to invest contribution rate or investment election(s), you
as possible, decline participation, or change your
Fidelity Investments, helps you build your personal
must contact Fidelity directly at www.401k.com or
in your future. You can contribute 1–75% of your
via phone at 1.800.835.5095 following the receipt
eligible pay* on a pre-tax and/or post-tax basis up
Growth to the annual IRS limit. For 2018, the annual limit is of your irst paycheck.
$18,500.
If you previously worked for DAN, you may
be entitled to prior service credit toward your
If you have reached age 50 or will reach age 50
during the calendar year, January 1–December, 31,
account, please complete and return the 401(k)
you may make an additional catch-up contribution. vesting. To ensure prior service is applied to your
As of January 1, 2017, the catch-up contribution Prior Service Form. To assist you in managing your
limit was $6,000. annual contributions and to ensure that you don’t
contribute more than the annual IRS limit, be sure
You will automatically be enrolled in the plan at a to complete and return the 401(k) Information
contribution rate of 6% and in the age appropriate Form. Both of these forms are provided to you
target date fund. This will occur approximately 90 during your on boarding process.
days from your date of hire. Once you’re enrolled,
the plan will provide you with a Company match of * The annual IRS eligible compensation limit for 2018 is
50% of every dollar you contribute up to the irst $275,000.
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 2018 Benefits Enrollment Dentsu Aegis Network 23
Our 401(k) Proit Sharing Plan, administered by If you would like to participate in the plan as soon
For Your wealth and gives you the opportunity to invest contribution rate or investment election(s), you
as possible, decline participation, or change your
Fidelity Investments, helps you build your personal
must contact Fidelity directly at www.401k.com or
in your future. You can contribute 1–75% of your
via phone at 1.800.835.5095 following the receipt
eligible pay* on a pre-tax and/or post-tax basis up
Growth to the annual IRS limit. For 2018, the annual limit is of your irst paycheck.
$18,500.
If you previously worked for DAN, you may
be entitled to prior service credit toward your
If you have reached age 50 or will reach age 50
during the calendar year, January 1–December, 31,
account, please complete and return the 401(k)
you may make an additional catch-up contribution. vesting. To ensure prior service is applied to your
As of January 1, 2017, the catch-up contribution Prior Service Form. To assist you in managing your
limit was $6,000. annual contributions and to ensure that you don’t
contribute more than the annual IRS limit, be sure
You will automatically be enrolled in the plan at a to complete and return the 401(k) Information
contribution rate of 6% and in the age appropriate Form. Both of these forms are provided to you
target date fund. This will occur approximately 90 during your on boarding process.
days from your date of hire. Once you’re enrolled,
the plan will provide you with a Company match of * The annual IRS eligible compensation limit for 2018 is
50% of every dollar you contribute up to the irst $275,000.
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 2018 Benefits Enrollment Dentsu Aegis Network 23
