Wednesday, April 6, 2016

401(k) Retirement Saving Plan

If you've been with us for 12 months of consecutive service and have logged over 1,000 hours on our team, you're currently eligible to enroll in the UncommonGoods 401(k) Retirement Savings Plan! Our 401(k) plan allows you, as a team member, to set aside a percentage of your pre-tax earnings each payroll to save for retirement, thus reducing your current income tax liability while both your contributions and earnings grow tax-free until distribution. You are eligible to contribute up to 90% of your salary, to an annual maximum of $18,000 (rate set by the IRS).

UncommonGoods 401(k) Plan Contribution Matching Structure:

  • 100% match for the first 3% of a team member’s pre-tax contribution
  • 50% match for the succeeding 2% of a team member’s pre-tax contribution

To enroll in the 401(k) plan, click here 

  1. Select the ‘Register Now’ button
  2. Select the ‘Continue’ button
  3. Follow the step-by-step enrollment guide 

Additional Information:

A Glossary of Investment Terms can be viewed on the ADP 401(k) plan web portal once you register, under ‘Investments’à’Investment Performance and Information’
A Participant Fee Disclosure Statement is attached, which provides information regarding:
General Plan Information
Plan Administration Expenses
Individual Expenses
A 401(k) Summary Plan Description is attached, which provides details regarding the UncommonGoods 401(k) retirement plan

*If you have questions, please contact the ADP Retirement Service Participant Support Service Representatives (855-237-4671).

1 comment:

  1. Happy to know about this retirement saving plan. Last month, hired one of top reputed Las Vegas certified financial planners for getting things sorted out. They did an excellent job in providing right and unbiased information.

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