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Retirement Plan

401(k) Retirement Plan

The Shape Technologies 401(k) plan is one of the best ways to save
money for retirement and is one of the few ways you can defer taxes on
your current income. The plan provides you with an easy way to help turn
your retirement goals into reality. Transamerica is the service provider for
Shape Technologies 401(k) plan.

2016 401(k) Plan Provisions

Eligibility Elective deferrals: no age; immediate
Employer match: 1 year service
Plan entry Immediate: automatic enrollment with 45 day opt out
period
Employer match 50% up to 6%
Vesting 100% immediate
Loans 2 loans allowed
12 month wait for loans
Loan repayments allowed after termination

Transamerica Access Tools and Resources

„ On the web: waterjetsave.trsretire.com

„ Over the phone: 800.755.5801
„ On your own: Transamerica’s retirement planning tools and services,
including the OnTrack tool
®
„ Online or by mail: quarterly statements, newsletters, and documents

„ One-on-one: retirement education and planning services

Shape Technologies Group