Page 16 - Polyventive 2022 Benefits Guide
P. 16
401(k)
Employees are eligible to participate the 1st of
the month following 60 days of employment.
Polyventive has a 50% match of the irst 7% of
contributions, maximum employer contribution of
3.5%. We then have a ive-year vesting period that is
illustrated below:
■ 1 year: 20%
■ 2 years: 40%
■ 3 years: 60%
■ 4 years: 80%
■ 5 years: 100%
16
Employees are eligible to participate the 1st of
the month following 60 days of employment.
Polyventive has a 50% match of the irst 7% of
contributions, maximum employer contribution of
3.5%. We then have a ive-year vesting period that is
illustrated below:
■ 1 year: 20%
■ 2 years: 40%
■ 3 years: 60%
■ 4 years: 80%
■ 5 years: 100%
16
