Your 401(k) Contributions

Eligible participants can begin upon completion of one month of service and are at least 20 years old. Employees can save from 1% to 60% of pay, up to the IRS limits. The following are ways to contribute towards retirement:

• Auto-enrollment contributions - all newly eligible employees are auto-enrolled at 3% contribution after satisfying the eligibility period.
• Pre-tax deferral contributions – deferral contributions increase 1% each year until a maximum of 6% compensation is met.
• Pre-tax deferral contributions - are deducted from pay before federal income taxes are withheld. That means employees are taxed on a smaller amount of money. You pay taxes on these contributions and earnings when you withdraw the money from the Plan.
• After-tax Roth contributions - are deducted after federal income taxes are withheld. Investment earnings on the Roth after-tax contributions are never taxed. Certain restrictions apply, which are defined in the Summary Plan Description.

Change Your Contributions or Request a Loan

You can access your account at www.401k.com or if you wish to speak to a Fidelity representative call 1-800-835-5097. The changes you make will become effective the date provided by Fidelity and cannot be altered in any way. If you have questions concerning your contributions or loan deductions, please contact benefits@wescoair.com.