401k Retirement Plan

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This site contains a summary in English of your plan rights and benefits under the Usui 401(k) Plan. If you have difficulty understanding any part of this site, contact Mr. Kyle Shepherd, in human resources at the plan administrator’s office: Usui International Corporation, 88 Partnership Way, Sharonville, OH 45241. Office hours are from 9:00 A.M. to 5:00 P.M, Monday through Friday. You may also call the plan administrator’s office at 513-448-0410, Ext 5607 for assistance.

यो पुस्तिकामा उसुइ 401(k) प्लान (Usui 401(k) Plan) अन्तर्गत तपाईंको अधिकार तथा सुविधाहरूहरूबारे अङ्ग्रेजी भाषामा एउटा सारांश दिइएको छ। यदि तपाईंलाई यो पुस्तिकाको कुनैपनि भाग बुझ्न गाह्रो भएको छ भने, प्लान एडमिनिस्ट्रेटरको कार्यालयको मानव स्रोतका श्री काइले शेपर्ड (Kyle Shepherd) लाई सम्पर्क गर्नुहोस्: Usui International Corporation, 88 Partnership Way, Sharonville, OH 45241. कार्यालय समय सोमवार देखि शुक्रवार बिहान 9:00 बजे देखि बेलुका 5:00 बजे सम्म हुनेछ। तपाईंले सहायताका लागि प्लान एडमिनिस्ट्रेटरको कार्यालयको 513-448-0410, एक्सटेन्शन 5607 मा पनि कल गर्न सक्नुहुन्छ।

Ang site na ito ay naglalaman ng buod sa Ingles ng mga karapatan at benepisyo sa plano mo sa ilaim ng Usui 401(k) Plan (401(k) Plan ng Usui). Kung nahihirapan kang maunawaan ang alinmang bahagi ng site na ito, kontakin si Mr. Kyle Shepherd, sa human resources sa tanggapan ng administrador ng plan: Usui International Corporation, 88 Partnership Way, Sharonville, OH 45241. Ang oras ng opisina ay mula 9:00 A.M. hanggang 5:00 P.M, Lunes hanggang Biyernes. Maaari mo ring tawagan ang opisina ng administrador ng plan sa 513-448-0410, Ext 5607 para sa tulong.


401k Plan Information

The 401k Retirement Plan is offered through Fidelity Investments
Plan Document
Summary Plan Description
Summary Annual Report (Updated TBD)

Enrolling in the Usui 401k Retirement Plan

If you haven’t already, enrolling in your plan is the right step towards a more secure retirement. It’s easy to join your plan and make that next great investment in yourself.

Here’s How to Enroll:
  • First, go to Fidelity NetBenefits® at:

www.401k.com

  • Next, set up your password.
    • If you’re already a Fidelity customer, you can use your existing password.
  • Please note, you will be prompted to enter your email address.
  • Finally, click on the link to enroll.
Need Help?
  • If you have questions or need help before getting started, visit www.401k.com or call Fidelity at:

1-800-835-5097

Automatic Enrollment

Information

The Usui International Corporation 401k Plan has an AUTOMATIC ENROLLMENT feature. The automatic enrollment feature applies to ALL USUI INTERNATIONAL CORPORATION EMPLOYEES. IF YOU DO NOT TAKE ACTION, YOU WILL BE AUTOMATICALLY ENROLLED. You will receive a separate notification explaining when the automatic enrollment will occur.

Details
  • Activates 30 days after hire date if no other action is taken.
  • Employee Contribution starts at (two) 2%.
  • Employee Contribution will increase by (one) 1% every (one) 1 year until the total Employee Contribution reaches (six) 6%.

Frequently Asked Questions

When am I eligible to enroll?

All Contributions

When can I enroll in the plan?

Immediately

Immediate upon meeting all eligibility requirements.
our plan offers an Automatic Enrollment feature. Refer to Enrollment Information above

How much can I contribute?

Employee Contributions

1% to 75% of eligible pretax pay (IRS limit of $19,000 for 2019)
Bonus Contributions
EGTRRA Catch Up Provision

Contribution Change Frequency

Beginning of Payroll Period

Company Match

50% of the first 6% in eligible compensation deferred

Can I make a catch up contribution?

If you are age 50 or over by the end of the taxable year and have reached the annual IRS limit or Plan’s maximum contribution limit for the year, you may make additional salary deferral, pretax contributions to the Plan up to the IRS Catch Up Provision Limit (2019 = $6,000).

When am I vested?

Employee Contributions

100% immediate

Company Match

Years of Service for Vesting
less than 1
1

Percentage
100
100

Can I take a loan?

Although your plan account is intended for the future, you may take a loan from your account.

Can I take a withdrawal?

Withdrawals from the Plan are generally permitted in the event of termination of employment, retirement disability, or death.

What are the investment options?

See Investment Options.