Page 26 - Zenoss, Inc 2022 Flipbook
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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 Empower Retirement, with multiple investment
options. Key details and features of our plan are listed below.
Employee contributions
You can contribute up to $20,500 in 2022, and if you are age 50 or older, you may contribute up to an additional $6,500 as a
“catch-up” contribution.
Contributions may be made on a pretax or Roth after-tax basis. To make it easier for you to save, the plan offers annual savings
adjustments to help you set aside extra money automatically. Your savings rate will increase 1% each year until you reach 20%.
Vesting
Vesting refers to your ownership of the money in your
401(k). You will be 100% vested in the company match More Information
after four years of service. (You are always 100% vested
in your contributions to the plan.) • You can enroll in the plan and make changes to
your contributions at any time
IMPORTANT: The projections, or other information • Empower Retirement has many different
generated on the website by the investment analysis tools investment options for you to choose from,
regarding the likelihood of various investment outcomes, along with tools and resources you can use
are hypothetical in nature, do not reflect actual investment to determine which options best meet your
results and are not guarantees of future results. The results investment objectives.
may vary with each use and over time. The Empower For additional details about the 401(k) Retirement
Participant Experience and the Retirement Planner are Savings Plan or to enroll or change your
separate tools and do not share data between each other. contribution rates or investment elections, email:
Tools will provide different results based on the operational Participant_services@empower-retirement.com
aspects of the tool. The Savings Planner is for informational or call 800-338-4015.
purposes only and not intended to provide investment,
legal or tax recommendations, or advice. *Please do not put any confidential or personal
account information in an email request. If you
Securities, when presented, are offered and/or distributed need to send confidential information, please
by GWFS Equities, Inc., Member FINRA/SIPC. GWFS is an upload your documents online.
affiliate of Empower Retirement, LLC; Great-West Funds,
Inc.; and registered investment adviser, Advised Assets
Group, LLC. This material is for informational purposes
only and is not intended to provide investment, legal or
tax recommendations or advice. Prospectuses, disclosure
documents and investment-related options/services
information are only available in English. Please have them
translated prior to investing.
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