Page 26 - Volcom Benefit Summary 2019 National 1

RETIREMENT

SAVINGS

401(k)
You are encouraged to participate in Volcom’s 401(k) plan through Mass Mutual. This plan allows you to fund your retirement
with pre-tax dollars. You can defer up to 100% of your annual salary to IRS benefit maximums. If you are 50 years old or
older during the plan year, you may contribute a catch-up deferral.

You are eligible for the company’s 401(k) plan when you have reached age 21 and
have completed 6 months and/or 1,000 hours or more of service. Upon eligibility,
you will be automatically enrolled at 5% (pre-tax) salary contribution unless you elect
otherwise.

Matching
Volcom will match 25% of your contributions up to 8% of the annual IRS maximum.

401(k) IRS Maximums 2020 2021
Employee Deferral $19,500 Indexed for Inflation
Catch-up Deferral (Age 50+) $6,500 Indexed for Inflation

ACCESSING THE 401(K):
Go to www.retiresmart.com. Once you register, you will walk through the wizard to enroll or opt
out. You may also call Mass Mutual at (800) 743-5274.

PET INSURANCE

Volcom offers you the option to purchase pet insurance at discounted group rates, through United Pet Care (UPC). With
the United Pet Care (UPC) discount plan, you can reduce the cost of your veterinary bills by saving up to 50% on each
veterinary visit for your pet when you visit a contracted UPC provider. This plan offers discounts for office visits, procedures,
medications, and more. With UPC’s program, there are no deductibles, no claim forms, no exclusions due to pre-existing
conditions or age, no annual dollar limitations, no waiting periods, and no limit on the number of visits annually.

Two discount program options are available so you can select the plan that is best for you and your pets. Both plans offers
discounts on office visits, procedures, medications, and more.

Enroll in ADP and then finalize through our United Pet Care website shown below.

FOR MORE INFORMATION:
Go to www.unitedpetcare.com/volcom or call (949) 916-7374 or (888) 781-6622.

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