Page 33 - 2021 Dreyer's New Hire Guide
P. 33
401(k) Benefits
SAVE WITH THE DREYER’S 401(k) SAVINGS PLAN
As a new employee, you’ll be automatically enrolled at a contribution rate of 6% of your eligible pay, unless
you select a different rate or decline participation. The Dreyer’s 401(k) Savings Plan also makes it easy to
keep saving, with automatic contribution rate increases in 1% increments annually, or on the anniversary
of your enrollment date, until you’re contributing the maximum deferral percentage. You always have the
option to increase contributions up to 25% of your eligible pay (certain limitations may apply), decrease
contributions or decline participation.
All Dreyer’s contributions are yours to keep, or vested, after you work at Dreyer’s for three years or when you
reach age 65, whichever comes first. You choose how to invest the money in your Dreyer’s 401(k) Savings
Plan account from a diverse selection of investment options.
ANNUAL RETIREMENT CONTRIBUTION
ANNUAL RETIREMENT CONTRIBUTION*
Matching Contributions RETIREMENT
POINTS
• 100% match on the first 3% you CONTRIBUTION
(AGE + SERVICE)
contribute of your eligible pay PERCENTAGE
• 50% match on the next 2% you Less than 40 3%
contribute of your eligible pay 40 to 49 4%
That means you can maximize the match 50 to 59 5%
when you contribute at least 5% so that 60 to 69 6%
Dreyer’s contributes 4%.
70 to 79 7%
80 to 89 8%
Greater than 89 9%
* Based off of eligible earnings
Annual Retirement Contributions Have questions?
Dreyer’s also contributes to your account
Visit dreyers.voya.com or call us
each year, even if you don’t. The amount
at 855-334-4980.
of the retirement contribution is calculated
using a formula that takes into account Customer service is available 7:30 a.m. to 8:00
your age, years of service and eligible pay. p.m. Eastern time, Monday through Friday
(except New York Stock Exchange holidays).
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401(k) BENEFITS