Page 21 - 2015 Enrollment Guide
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Retirement Beneits
401(k) Retirement Plan Fidelity Access
The Optimas OE Solutions, LLC Employee Savings Plan is one of the Tools and
best ways to save money for retirement and is one of the few ways you can Resources
defer taxes on your current income. Fidelity will continue to be the service On the web:
provider for the new plan and your current contribution percentage, balances, www.401k.com
outstanding loans, as well as investment mixes will automatically transfer to Over the phone:
the new plan effective June 15, 2015. 800.835.5097
On your own:
Optimas New Plan Enhancements Fidelity’s retirement
Employer match—With the new plan, Optimas will match 100 percent planning tools and
of the irst 3 percent of salary contributed and 50 percent of the next 3 services, including
percent of salary contributed—4.5 percent company match in total based NetBeneits ®
upon 6 percent employee contribution Online or by mail:
Vesting—Employer contributions made by Optimas will be 100 percent Quarterly statements,
vested; you are always 100 percent vested in your salary deferrals newsletters, and
Roth—A new feature on the Optimas plan, you may now elect to defer documents
salary on a “post-tax” basis One-on-one:
Automatic features—The plan offers a voluntary automatic increase Retirement education
service; if you would like your deferral percentage to increase by and planning services
one percent per year, you need to make that election by contacting Fidelity
Plan Provisions Effective June 15, 2015
Eligibility Immediate
Plan entry Immediate
Employee deferral 1-50% of compensation, subject to annual IRS Limit *
Employer match 100% of 3% and 50% of the next 3%
Vesting 100% vested
Loans 1 loan outstanding at a time
* IRS Limit for elective deferrals is $18,000 for 2015; if age 50 or older at any time in the 2015
calendar year, you may defer an additional $6,000
Employee Benefits Guide July 2015–June 2016
Retirement Beneits
401(k) Retirement Plan Fidelity Access
The Optimas OE Solutions, LLC Employee Savings Plan is one of the Tools and
best ways to save money for retirement and is one of the few ways you can Resources
defer taxes on your current income. Fidelity will continue to be the service On the web:
provider for the new plan and your current contribution percentage, balances, www.401k.com
outstanding loans, as well as investment mixes will automatically transfer to Over the phone:
the new plan effective June 15, 2015. 800.835.5097
On your own:
Optimas New Plan Enhancements Fidelity’s retirement
Employer match—With the new plan, Optimas will match 100 percent planning tools and
of the irst 3 percent of salary contributed and 50 percent of the next 3 services, including
percent of salary contributed—4.5 percent company match in total based NetBeneits ®
upon 6 percent employee contribution Online or by mail:
Vesting—Employer contributions made by Optimas will be 100 percent Quarterly statements,
vested; you are always 100 percent vested in your salary deferrals newsletters, and
Roth—A new feature on the Optimas plan, you may now elect to defer documents
salary on a “post-tax” basis One-on-one:
Automatic features—The plan offers a voluntary automatic increase Retirement education
service; if you would like your deferral percentage to increase by and planning services
one percent per year, you need to make that election by contacting Fidelity
Plan Provisions Effective June 15, 2015
Eligibility Immediate
Plan entry Immediate
Employee deferral 1-50% of compensation, subject to annual IRS Limit *
Employer match 100% of 3% and 50% of the next 3%
Vesting 100% vested
Loans 1 loan outstanding at a time
* IRS Limit for elective deferrals is $18,000 for 2015; if age 50 or older at any time in the 2015
calendar year, you may defer an additional $6,000
Employee Benefits Guide July 2015–June 2016
