Page 25 - 1800Flowers 2022 Benefits Guide

Specialty Benefits 401(k) Retirement Savings Plan

Start Saving for Your Retirement Visit www.401k.com to:

• Enroll in the 401(k)
A consistent savings plan throughout your career is the
foundation for security during your retirement years. Our • View your investment options and
401(k) plan is designed to help you reach your retirement historical performance
goals and allows for both a pre-tax and post-tax Roth • Designate your 401(k) beneficiaries
contribution through Fidelity.
• View your balances and change your contributions
How the 401(k) Works

For more information, contact Fidelity at:
You are eligible to participate in the 401(k) Plan on or
after the entry dates following your date of hire, January 1 • 800-835-5097 (English)
or July 1, and if you are 21 years of age or older. • 800-587-5282 (Spanish)
Automatic enrollment occurs after your entry date. This • Website: www.401k.com
means three percent of your pay will be deducted and
contributed to the 401(k). You can change the automatic
enrollment at any time prior to or after your entry date. Company Matching Program

You can contribute to the Plan up to the annual IRS We encourage you to participate in the 401(k)
maximum. Associates age 50 or over may be able to and to take advantage of the Company’s matching
contribute catch-up contributions. contribution plan. The Company discretionary

A separate 401(k) guide will be mailed to your home match is 50% of your contributions up to
as you approach your entry date. If you have been $750 per calendar year.
recently rehired, you can start contributing to the 401(k) Vesting for the Company match starts at 25%
immediately by contacting Fidelity to sign up. each year following two years of service which
means you are fully vested after completion of
five years of service.

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