Page 20 - 2022 Iodine Software Benefit Guide

401(k) Retirement Savings Plan

Whether retirement is way down the road or just around the corner, it’s important to have savings goals and specific
investment objectives. To help you meet your goals and objectives, we offer a 401(k) Retirement Savings Plan, administered
by Gallagher, with multiple investment options and a company match. Key details and features of our plan are listed below.

Employee contributions Employer contributions

You can contribute up to $20,500 in 2022, and if you are age 50 or older, you may 50% up to 6% of compensation.
contribute up to an additional $6,500 as a “catch-up” contribution.

Vesting
Vesting refers to your ownership of the money in your More Information
401(k). You will be 100% vested in the company match
after four years of service. You are always 100% vested ● You can enroll in the plan and make changes to
in your contributions to the plan. your contributions at any time
● Gallagher has many different investment options
for you to choose from, along with tools and
resources you can use to determine which
options best meet your investment objectives.
For additional details about the 401(k) Retirement
Savings Plan or to enroll or change your contribution
rates or investment elections, visit my.voya.com or call
Scott Powers at 713-358-7864 or 559-307-1382 (cell).
Email: Scott.Powers@ajg.com.

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