Page 20 - Intertek 2021 Benefits Guide
P. 20
Auto Enrollment Retirement Savings
Any individual who becomes employed or is reemployed
and who does not, on or before the 30th day after their Plan
date of employment or date of reemployment, make either
an airmative election or change their deferral to not make
employee contributions shall be automatically deemed to 401(k) with Fidelity
reduce their compensation by 4% for each payroll period A consistent savings plan throughout your career
and shall have that amount contributed to the plan as
employee contributions efective as of the irst applicable is the foundation for security during your retirement
payroll period beginning on or after the 30th day after his years. Intertek’s 401(k) Plan is designed to help you
date of employment or date of reemployment.
reach your investment goals.
Contact Fidelity
401k.com How the Plan Works
800.835.3361
You can elect to contribute up to 75% of your gross
salary subject to IRS maximums. If you are age 50
or older you can contribute an additional catch-up
contribution. Intertek ofers a discretionary match
of 50% up to 6% of your compensation. To enroll
or change your 401(k) deferral or asset allocation
log-on to your Fidelity account at 401k.com or call
800.835.3361.
Fidelity Tools
Fidelity ofers retirement calculators and investment
services which allow you to choose your own
investments options or use a managed account
plan which does the hard work for you. You can also
add beneiciary information from the convenience of
Fidelity’s online beneiciary tool.
Vesting
You are always 100% vested in your contributions
to the Plan, as well as any earnings on them. The
Company’s matching contributions, Company
Discretionary Contributions, and any earnings vest
according to your years of service with Intertek.
Years of Service Vested Percentage
1 25
2 50
3 75
4 100
20
Any individual who becomes employed or is reemployed
and who does not, on or before the 30th day after their Plan
date of employment or date of reemployment, make either
an airmative election or change their deferral to not make
employee contributions shall be automatically deemed to 401(k) with Fidelity
reduce their compensation by 4% for each payroll period A consistent savings plan throughout your career
and shall have that amount contributed to the plan as
employee contributions efective as of the irst applicable is the foundation for security during your retirement
payroll period beginning on or after the 30th day after his years. Intertek’s 401(k) Plan is designed to help you
date of employment or date of reemployment.
reach your investment goals.
Contact Fidelity
401k.com How the Plan Works
800.835.3361
You can elect to contribute up to 75% of your gross
salary subject to IRS maximums. If you are age 50
or older you can contribute an additional catch-up
contribution. Intertek ofers a discretionary match
of 50% up to 6% of your compensation. To enroll
or change your 401(k) deferral or asset allocation
log-on to your Fidelity account at 401k.com or call
800.835.3361.
Fidelity Tools
Fidelity ofers retirement calculators and investment
services which allow you to choose your own
investments options or use a managed account
plan which does the hard work for you. You can also
add beneiciary information from the convenience of
Fidelity’s online beneiciary tool.
Vesting
You are always 100% vested in your contributions
to the Plan, as well as any earnings on them. The
Company’s matching contributions, Company
Discretionary Contributions, and any earnings vest
according to your years of service with Intertek.
Years of Service Vested Percentage
1 25
2 50
3 75
4 100
20
