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YOUR PLAN HIGHLIGHTS Angeles Contractor, Inc. 401(k) Profit Sharing Plan & Trust

A quick overview

Eligibility All employees who do not fall into the excluded categories will be eligible after completion of
Requirements: twelve (12) months of service and attainment of age 21. The employee must also be credited with
1000 hours of service during the twelve (12) month period.

The following are excluded from participating in the Plan: Union employees.

Entry Date: All employees who have met the age and service requirements will be allowed to enter the plan
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on the 1 day of each month.

Your You may defer between 1% and 100% of your compensation on a pre-tax basis up to a maximum
Contributions: of $18,000 in the year 2017 (subject to the annual maximum amount allowed by law). Speak with
your plan administrator regarding the availability of a catch-up provision and rollovers. Employees
age 50+ in 2017 may make an additional “catch-up” contribution of $6,000.

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Change Dates: You may increase or decrease the amount you are contributing on the 1 day of each month. You
may stop contributions at any time. You may not re-enter until the following election date.

Company Your employer will be making an Employer Matching Contribution; an amount equal to 100% of
Contributions: Salary Deferrals up to 3% of all eligible employees’ compensation.

In addition, your employer may make a discretionary Employer Profit Sharing Contribution to the
plan for all eligible employees each plan year. You must complete more than 1000 hours of
service during the plan year and be employed at the plan year end to be eligible for the
discretionary Employer Profit Sharing Contribution.

Vesting: Your contributions are always 100% vested.

Employer Matching and Profit Sharing Contributions are subject to the following vesting
schedule:
Years of Service Percent Years of Service Percent
less than 2 years 0% after 2 years 20%
after 3 years 40% after 4 years 60%
after 5 years 80% after 6 years 100%

A year of vesting service is the plan year in which you complete at least 1000 hours of service.
Hours of service are credited based upon actual hours of service. Service before the original
effective date of the Plan is excluded for purposes of vesting.

Loans: You may obtain plan loans; however, loans are subject to restrictions. You may borrow up to 50%
of your vested balance, to a maximum of $50,000, with a minimum loan amount of $1,000. You
have to pay the loan amount back through payroll deduction. Current interest rates are charged
on the secured loan amount at the time the loan is taken out. TPA transaction fee for loans is $50.