Page 19 - Washington Nationals 2023 Benefits Guide -10.26.22_Neat
P. 19

401(K)  RETIREMENT  SAVINGS  PLAN  AND
         MLB NON-UNIFORMED PENSION PLAN







         401(k) Retirement Plan
         You are eligible to participate in the plan as of the first of the month following
         completion of one month of service with the Company.

         This tax deferred retirement savings plan through Mass Mutual.  It is designed to

         help ensure financial security for your retirement years.  Beginning 01/01/2015, The
         WNBC 401(k) began auto-enrollment with elective deferrals at 6% escalating 1%
         each January to a maximum of 10%; unless Employees choose another deferral

         rate or choose to opt-out.




         MLB Non-Uniformed Pension Plan
         This plan is administered by Major League Baseball, you are automatically enrolled
         once you have reached age 21 and have accrued at least one year of baseball
         service.  You will not vest in any of your benefit until you have accrued five years of

         baseball service.































                       Employee discounts and information about the benefits above are located on the Intranet




        2023 Washington Nationals Benefit Guide                                                              Page 19
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