Page 19 - 2021 ASG 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 Fidelity Investments, 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 in 2021, and if you are age 50 or older, you may ASG currently matches 50% of the first
contribute up to an additional $6,500 as a “catch-up” contribution. 4% you defer.

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 five years of service. You are always 100% vested in ΅ You can enroll in the plan and make changes
your contributions to the plan. to your contributions at any time.
΅ Fidelity Investments has many different
investment options for you to choose from,
along with tools and resources you can use
1 year of service 20% vested
to determine which options best meet your
2 years of service 40% vested investment objectives.
3 years of service 60% vested For additional details about the 401(k) Retirement

4 years of service 80% vested Savings Plan or to enroll or change your
contribution rates or investment elections,
5 years of service 100% vested visit www.netbenefits.com.

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