Page 19 - 2015-2016 Enrollment Guide
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Retirement Beneits
401(k) Plan Provisions Fidelity Access
The Optimas OE Solutions, LLC Employee Savings Plan is one of the best Tools and
ways to save money for retirement and is one of the few ways you can defer Resources
taxes on your current income. Fidelity is the service provider for the Optimas On the web:
401(k) plan. www.401k.com
Over the phone:
Optimas 401(k) Plan Features 800.835.5097
Employer match—Optimas will match 100 percent of the irst 3 percent On your own:
of salary contributed and 50 percent of the next 3 percent of salary Fidelity’s retirement
contributed—4.5 percent company match in total based upon 6 percent planning tools and
employee contribution services, including
Vesting—Employer contributions made by Optimas will be 100 percent NetBeneits ®
vested; you are always 100 percent vested in your salary deferrals Online or by mail:
Roth—You may also elect to defer salary on a “post-tax” basis Quarterly statements,
Automatic features—The plan offers a voluntary automatic increase newsletters, and
service; if you would like your deferral percentage to increase by documents
one percent per year, you need to make that election by contacting Fidelity One-on-one:
Retirement education
Plan Provisions Effective June 15, 2015 and planning services
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
New Hire Benefits Guide 2015–2016
Retirement Beneits
401(k) Plan Provisions Fidelity Access
The Optimas OE Solutions, LLC Employee Savings Plan is one of the best Tools and
ways to save money for retirement and is one of the few ways you can defer Resources
taxes on your current income. Fidelity is the service provider for the Optimas On the web:
401(k) plan. www.401k.com
Over the phone:
Optimas 401(k) Plan Features 800.835.5097
Employer match—Optimas will match 100 percent of the irst 3 percent On your own:
of salary contributed and 50 percent of the next 3 percent of salary Fidelity’s retirement
contributed—4.5 percent company match in total based upon 6 percent planning tools and
employee contribution services, including
Vesting—Employer contributions made by Optimas will be 100 percent NetBeneits ®
vested; you are always 100 percent vested in your salary deferrals Online or by mail:
Roth—You may also elect to defer salary on a “post-tax” basis Quarterly statements,
Automatic features—The plan offers a voluntary automatic increase newsletters, and
service; if you would like your deferral percentage to increase by documents
one percent per year, you need to make that election by contacting Fidelity One-on-one:
Retirement education
Plan Provisions Effective June 15, 2015 and planning services
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
New Hire Benefits Guide 2015–2016
