Charles Schwab

The XYZ Company 401(k) Retirement Plan makes saving for retirement easy and painless.  You decide:

• How much to save – up to 100% of your compensation up to $19,500 annually (deferral limit increases by $6,000 for traditional 401(k) if you are age 50 or older)
• Tax treatment options – you can choose whether you save your money on a pre-tax basis (traditional 401(k)) or post-tax (Roth 401(k)) basis
• Where to save – in any one of the Plan’s professionally managed or indexed funds (retirement plan advice is provided by the plan through “My Retirement Progress”)

Best of all, XYZ Company will make a matching contribution to your account.  The company will match 100% of the first 5% of contributions that you make to your 401(k).  You immediately own all contributions made to your 401(k), including the employer contributions.

To be eligible you must be a full-time Associate who is at least 18 years old and has completed 3 months of employment.  There is a quarterly open enrollment on January 1^st, April 1^st, July 1^st  and October 1^st  of each year.