The BroadStreet 401(k) plan assists employees in saving money and investing in their future. In order to be eligible, employees must:

 

• Be 20 years of age or older; and

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• Have completed 30 days of employment

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Eligible employees will be automatically enrolled with a 3% deferral percentage unless they elect a different percentage or elect not to participate. If automatically enrolled, the deferral percentage will increase every year, not to exceed 10% of compensation. Automatic enrollment will have a 30 day opt out period.

 

• Employees who contribute at least 6% per pay will receive a non-discretionary match of 3.5% each pay

 

Vesting Schedule:

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• Less than 2 years - 0% vested

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• 2 years or more – 100% vested

 

Our goal is to help you continue to build a secure financial future and achieve your retirement goals. It’s a testament to our commitment to the well-being and financial security of all our employees.