401k

401k FAQ:

Q: When can I begin contributing to my 401k?

A: An eligible employee can begin contributions to their 401k on the 1st day of the month following 90 days of employment. You will receive an invitation from Fidelity to create an online account.

Q: How much can I contribute?

A: 1% to 100% of eligible compensation up to the IRS limit ($20,500 for 2022).

Q: What is the company match?

A: The company provides a Safe Harbor match of 100% of the first 3% of deferred compensation and 50% of the next 2% in deferred compensation.

Q: When am I vested?

A: You are immediately vested in both your employee contributions and the company contributions.