Our retirement program is managed by Fidelity. You may enroll in a 401(k) at anytime after date of hire as long as you are at least 21 years old. Please allow one business week after date of hire to be loaded into the Fidelity portal. This benefit can be changed at anytime. For more information on our plans and resources, please see below.
Appriss’ match schedule is 100% of the first 3% you contribute, and then 50% of the next 2% you contribute. To get the full 4% match, you will need to contribute 5%.
Company matches are vested immediately. When you put money into your 401(k), the match is immediately yours.
Yes; 401(k) contributions can be changed at anytime within Fidelity’s website. Theses changes will flow to Workday.
401(k) contributions are not subject to federal and state income taxes for the year during which you make the contributions. When you withdraw your accumulated contributions plus investment earnings in retirement, you’ll pay ordinary income taxes at the federal and state income tax rates applicable to you at that time. Roth 401(k) contributions are subject to federal and state income taxes in the year you make the contributions. Withdrawals of accumulated contributions and investment earnings at retirement aren’t subject to income taxes.
To rollover your previous employer’s 401(k), you will need to contact the previous 401(k) administrator to start the process and potentially Fidelity to complete the process. If you have a previous 401(k) with Fidelity, you can contact Fidelity directly or complete the rollover within netbenefits.com.
To check your current 401(k) balance, visit netbenefits.com.