Page 6 - Omega Benefits Guide

401k Plan

At Omega Construction, Inc., we know that our employees are our most valued asset; therefore, we
strive to offer a comprehensive employee benefits package to meet your needs both now and in the
future. We are pleased to offer a 401(k) Plan to help you save for your retirement. Our 401(k) Plan
provider, BB&T, is a leader in the retirement services industry and recognized for providing
excellent service and a comprehensive offering of investments. The advantages of this partnership
include:
 The ability to save for your retirement automatically from your paycheck before taxes. The
money you put into your 401(k) Plan account and any earnings are not taxed as income until
it is withdrawn.

 The option to utilize a broad range of professionally selected and monitored mutual funds.
You can also select a target date fund, which invests your money in a mix of mutual funds
and automatically adjusts the investments to become more conservative as you near
retirement.

 Our funds are reviewed quarterly by Mesirow to make sure specific criteria are being met on
each of our fund options.

 Personal customer service will be available from BB&T Monday through Friday from
8:00am – 7:30pm ET to help answer your questions. You can also access the BB&T website
24 hours a day which offers updated personal account information, an interactive financial
planner, fund performance data and prospectuses.

Enclosed you will find additional information about our new 401(k) Plan along with enrollment
information. Omega’s Plan provides for automatic enrollment for all new employees, so that
when you become eligible for the 401(k) Plan, 2% of your gross pay each week will be deducted
and put into your account in the Plan unless you elect out. Please contact Lisa Singleton if you
want to elect out of the 401(k) plan. You can of course elect to have more than 2% of your gross pay
deducted and put in the Plan. Please feel free to contact me if you have any questions.

D. Greg Marshall, CPA
Chief Financial Officer
344 Shelleybrook Drive P. O. Box 250 Pilot Mountain, NC 27041
Phone: 336-368-5156 Fax: 336-368-2277 www.omegaconstruction.com

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