Page 19 - 2017 Benefits Enrollment
P. 19
Dentsu Aegis Network (DAN)
Our 401(k) Proit Sharing Plan, administered by Fidelity Investments, helps
you build your personal wealth and gives you the opportunity to invest in 401(k) Proit
your future. You can contribute 1–75% of your eligible pay* on a pre-tax and/ Sharing Plan
or post-tax basis up to the $18,000 annual IRS limit.
If you have reached age 50 or will reach age 50 during the calendar year,
January 1–December, 31, you may make an addiional catch-up contribuion.
The catch-up contribuion limit for 2017 is $6,000.
You will automaically be enrolled in the plan at a contribuion 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 Vesing Percentage
1–2 25%
2–3 50%
3–4 75%
4+ 100%
If you would like to paricipate in the plan as soon as possible, decline
paricipaion, or change your contribuion rate or investment elecion(s), you
must contact Fidelity directly at www.401k.com of via phone at 1-800-835-
5095 following the receipt of your irst paycheck.
If you previously worked for DAN, you may be enitled to prior service credit
toward your vesing. To ensure prior service is applied to your account,
please complete and return the 401(k) Prior Service Form. To assist you in
managing your annual contribuions and to ensure that you don’t contribute
more than the annual IRS limit, be sure to complete and return the 401(k)
Informaion Form. Both of these forms are provided to you during your on-
boarding process.
* The annual IRS eligible compensaion limit for 2017 is $265,000.
19
Our 401(k) Proit Sharing Plan, administered by Fidelity Investments, helps
you build your personal wealth and gives you the opportunity to invest in 401(k) Proit
your future. You can contribute 1–75% of your eligible pay* on a pre-tax and/ Sharing Plan
or post-tax basis up to the $18,000 annual IRS limit.
If you have reached age 50 or will reach age 50 during the calendar year,
January 1–December, 31, you may make an addiional catch-up contribuion.
The catch-up contribuion limit for 2017 is $6,000.
You will automaically be enrolled in the plan at a contribuion 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 Vesing Percentage
1–2 25%
2–3 50%
3–4 75%
4+ 100%
If you would like to paricipate in the plan as soon as possible, decline
paricipaion, or change your contribuion rate or investment elecion(s), you
must contact Fidelity directly at www.401k.com of via phone at 1-800-835-
5095 following the receipt of your irst paycheck.
If you previously worked for DAN, you may be enitled to prior service credit
toward your vesing. To ensure prior service is applied to your account,
please complete and return the 401(k) Prior Service Form. To assist you in
managing your annual contribuions and to ensure that you don’t contribute
more than the annual IRS limit, be sure to complete and return the 401(k)
Informaion Form. Both of these forms are provided to you during your on-
boarding process.
* The annual IRS eligible compensaion limit for 2017 is $265,000.
19
