Page 22 - 2023 Employee Benefits Guide

Savings with Nissan/Infiniti and AT&T

If your mobile phone provider is AT&T, you can receive Texas Mutual’s
employee discounts on the AT&T phone service. You are also eligible to
participate in the Vehicle Purchase Program offered by Nissan/Infiniti.
Complete details are available on the HR intranet sites.

TXM retirement savings plan

The Texas Mutual Retirement Savings Plan (“Plan”) is designed to
provide you with a means of accumulating savings for your retirement.
You can invest these savings in a variety of mutual funds available
through the Plan. The Plan is qualified under the Internal Revenue Code.

Retirement savings plan summary
As a Texas Mutual employee, you will receive an employer contribution to
your retirement savings account in an amount equal to 4% of your
eligible compensation each pay period. You’ll receive an additional 4%
contribution if your compensation exceeds the Social Security Wage Base
(the compensation limit that is subject to Social Security taxes).

Texas Mutual also offers a generous match on your contributions to the
Plan. TXM will match 100% of each $1.00 you contribute, up to and
including 6% of your eligible compensation each pay period. Severance,
car allowance, rewards, and relocation expenses are types of
compensation excluded from the retirement contribution calculation.

You may elect to contribute from one to 75 percent of your eligible
compensation each pay period, subject to Plan and IRS limits. Your
contribution can be made as a pre-tax 401(k) deferral with tax-deferred
investment growth and/or as an after-tax Roth 401(k) deferral with the
potential for tax-free investment growth.
To select your investment strategy, please contact Fidelity Investments
directly at fidelity.com/atwork or call (800) 343-0860. If you do not
provide investment instructions, your contributions will be invested in
one of the Fidelity Freedom Funds (refer to the default investment notice
on the intranet).

Starting / changing / stopping contributions
To start, change, or stop your contributions, please contact Fidelity
Investments directly at fidelity.com/atwork or call (800) 343-0860.
You may change or stop your employee contributions at any time
(changes will be effective in the first full pay period following your
change date).

Retirement plan beneficiaries
To name or update your Plan beneficiary, please contact Fidelity
Investments directly at fidelity.com/atwork or call (800) 343-0860.

18 Employee Benefits Guide