Page 38 - 2020 Benefit

A Guide to Your Health and Wellness Benefits | 2020

401(k) Retirement Plan

The company is pleased to sponsor a 401(k)-retirement plan.

Life and Accidental Death & Dismemberment

Employee Contributions
 You can contribute any percentage of your base
(AD&D) Insurance Coverage
salary to your 401(k) up to the IRS annual limit. If you
are over age 50, you are eligible to make an
additional catch-up contribution each year
 You have two ways to make contributions (or a
combination of both):
– Post-tax payroll deductions to your Roth 401(k)
– Pre-tax payroll deductions to your Pre-Tax 401(k)

 Employee contributions vested 100% immediately.
 Employer contributions are discretionary and vest
over 3 or more years

Additional Company Benefits

Sungevity provides a variety of additional benefits to support our employee’s overall health and wellness including time off to

recharge which we believe improves our overall productivity. Details are included in the employee handbook but some of these

Life and Accidental Death & Dismemberment
benefits include:
 Vacation
(AD&D) Insurance Coverage
 Sick
 Company Holidays

9 | 2020 Benefit Guide