Page 45 - 17BE 2930

Company Matching Contributions Vesting

The Carlstar Group will make matching contributions in an amount The term “vesting” refers to the

equal to 100% up to 3% and 50% on the next 2% of your eligible portion of your account balance
compensation when you contribute to The Carlstar Group 401(k) Plan. which you are entitled to under
plan rules. You are always 100%
A “Safe Harbor Plan” is a plan where your employer promises to make a vested in your:
contribution to eligible participants in a designated percentage or dollar
amount to satisfy certain legal requirements. The Carlstar Group must “ Employee 401(k) pretax
tell you before the beginning of a plan year the amount of contribution contributions
which will be made to eligible participants. Safe harbor contributions “ Company matching
are fully vested immediately, but they are subject to restrictions on early contribution account
withdrawal. “ Rollover account

“ After-tax account
“ Any earnings on these
accounts

Day-to-day administration and
record keeping for the 401(k)
savings plan and the retirement
plan are provided by Mass
Mutual.

45