ADES » Topics » Part I : 401(k) - Elective Contributions

These excerpts taken from the ADES 10-K filed Mar 14, 2008.

Part I: 401(k) – Elective Contributions

Full-time employees may begin contributing to their 401(k) Employee Contributions account immediately upon employment. An employee can elect to defer up to the IRS limit for such contributions. The contribution is made on a “before-tax” basis in order to reduce the employee’s taxable compensation. These funds are fully vested at all times. If you are over age 50, see the Human Resources Manager for the ability to make “catch-up” contributions.

 

Part I: 401(k) – Elective Contributions

Full-time employees may begin contributing to their 401(k) Employee Contributions account immediately upon employment. An employee can elect to defer
up to the IRS limit for such contributions. The contribution is made on a “before-tax” basis in order to reduce the employee’s taxable compensation. These funds are fully vested at all times. If you are over age 50, see the Human
Resources Manager for the ability to make “catch-up” contributions.

 


EXCERPTS ON THIS PAGE:

10-K (2 sections)
Mar 14, 2008
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