Page 16 - 2022 DPR Construction Benefit Guide_Craft Employees

Vanguard Retirement Savings

401(k) Plan

When does DPR match my contributions?

DPR will deposit the matching contribution to participant accounts quarterly.
What are my investment options?

Contributions made to the plan will be invested in Target Retirement Funds appropriate for your projected date of retirement.
You also have the option to make investment elections, Visit vanguard.com for investment options and additional resources for
financial planning and savings for retirement!

Okay! How do I enroll?

You will be automatically enrolled in the 401(k) plan 90 days after your hire date with DPR at 4% of your salary. Prior to 90 days
you can enroll by contacting Vanguard. Please be sure and complete your beneficiary information.
• Online: Log on to your account at vanguard.com/retirement. You will need the DPR account number (095654) to
register for secure online access as well as your personal information.
• On your mobile device: Go to vanguard.com/bemobile to download the Vanguard app.
• Phone: Contact Vanguard at 800-523-1188.

Increase your contribution rate by 1% annually in September, until you reach the plan’s 10% maximum or the annual IRS limit.

How do I opt out?

If you do not want to participate in the plan, you must contact Vanguard within 90 days of your hire date and select a payroll
deduction of 0%.

Access your account anytime to review your investment elections and watch your Retirement Savings Grow!

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