Page 21 - Winsight 2021 Benefit Guide

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 Principal, with multiple investment options and a company match. Key details and features of our plan are listed below.

Employee contributions Employer contributions
You can contribute up to $19,500 for 2021, and if you are age Winsight offers a discretionary match, however due to the
50 or older, you may contribute up to an additional $6,500 as a COVID-19 pandemic the match is currently suspended. We will
“catch-up” contribution. continue to evaluate our ability to provide an employer match
Contributions may be made on a pretax or Roth after-tax basis. and will update employees as appropriate.
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 15%.

Vesting
Vesting refers to your ownership of the money in your 401(k). You are always 100% vested in your contributions to the plan.

As a reminder, please be sure to log in to review or assign your beneficiary information.

For More Information
• You can enroll in the plan and make changes to your contributions at any time
• Principal has many different investment options for you to choose from, along with tools and
resources you can use to determine which options best meet your investment objectives.
For additional details about the 401(k) Retirement Savings Plan or to enroll or change your
contribution rates or investment elections, visit www.Principal.com or call 800-258-9041.

21