401(k) Retirement Plan Clause Samples

401(k) Retirement Plan. 16.1 The Carrier shall provide a 401(k) retirement plan on the same terms as they apply to other employees of the CMQ and as they may be amended from time to time. 16.2 Employees must meet the qualifying criteria described in the plans before they become eligible to receive benefits. 16.3 Employees should refer to the plan documents for exact details of 401(k) retirement plan.

401(k) Retirement Plan. 12.01. Greektown Casino shall provide for eligible Bargaining Unit Members to participate in the Greektown Casino 401(k) Retirement Savings Plan, as may be amended from time to time (the “Plan”). Bargaining Unit Members will be eligible to participate in the Plan beginning with the first payroll period of the month following completion of one (1) Year of Contribution Service. (“Year of Contribution Service” is defined as the twelve (12)-month period beginning on the Bargaining Unit Member’s employment commencement date in which the Team Member completes 1,000 hours of service; provided, however, that if the Team Member fails to satisfy the 1,000 hour requirement during his first twelve (12)-months of employment, then subsequent Years of Contribution Service shall be measured from the end of the previous twelve (12)-month period. For purposes of determining Years of Contribution Service, forty-five (45) hours of service shall be credited for any week in which the Team Member performs one (1) hour of service.) 12.02. For hours worked on and after October 17, 2003, Greektown Casino shall make contributions to the Plan, no less frequently than on a bi-weekly basis, on behalf of eligible Bargaining Unit Members based on Years of Contribution Service, in the following manner: If a Bargaining Unit Member is continuously employed by Greektown Casino starting from his initial employment commencement date, then his Years of Contribution Service for purposes of this contribution shall be calculated by reference to his initial employment commencement date and subsequent anniversaries thereof. If a Bargaining Unit Member terminates employment with Greektown Casino and is subsequently rehired by Greektown Casino, then his Years of Contribution Service shall be equal to the number of full Years of Contribution Service he completed as of his termination date prior to being rehired, and his subsequent Years of Contribution Service shall be determined by reference to his latest employment commencement date and subsequent anniversaries thereof.

401(k) Retirement Plan. Employees will be able to participate in the Company's 401K plan by electing a percentage of the employee's pay to be allocated to the retirement account. The employees will be an Eligible Employee for deferral contributions, CBA employer nonelective contributions and prevailing wage (excess Health & Welfare contribution purposes. The employees will not be an Eligible Employee for employer match contribution purposes. All other provisions of the Company’s 401k plan apply as adopted by the Company. Employees will receive a 401(k) CBA Employer nonelective contribution of per hour for each hour worked. The contribution will be deposited into the employee’s 401k account provided by the Company. Current Rate Effective 2/1/2025 $0.25 $0.50 This Agreement shall be in full force and effect from July 1, 2024, to and including June 30, January 31, 2028. Successor negotiations will commence 100 days prior to the expiration of this agreement. In Witness Whereof, the parties hereto set their hands and seals by their respective Officers' duly authorized to do so this on the 10th day of June, 2024 ▇▇▇▇▇ ▇▇▇▇▇, Member Representative, Alutiiq, LLC 06/17/2024 Date ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Vice President, Human Resources Afognak Native Corporation, LLC ▇▇▇▇ ▇▇▇▇▇▇▇, President, Alutiiq Logistics & Maintenance Services, LLC ▇▇▇▇▇▇ Del ▇▇▇▇▇▇, Chief Negotiator, Guam Federation of Teachers, AFT Local 1581, AFL-CIO 06/19/2024 ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, GFT President 06/18/2024 ▇▇▇▇▇▇ ▇▇▇▇▇, GFT Negotiation Team Chairman 06/17/2024 ▇▇▇▇▇▇▇ ▇▇▇▇, GFT Negotiation Team Member ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, GFT Negotiation Team Member ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, GFT Negotiation Team Member

401(k) Retirement Plan. ▇▇▇▇ shall be entitled to participate in the Employer-sponsored 401K tax-deferred retirement savings plan. The Employer- matching provision will be effective immediately upon ▇▇▇▇'▇ enrollment in the plan.

401(k) Retirement Plan. Section 1: The Company shall make available to its Employees the ATU 401K Retirement Savings Program. Section 2: Participation in the plan is not mandatory.

401(k) Retirement Plan. It is understood and agreed that EMPLOYEE did participate in a retirement plan offered by COMPANY and therefore COMPANY has no further obligation to withhold any deductions nor make any contributions to any such plan on behalf of EMPLOYEE. Therefore, for purposes of the retirement plan, EMPLOYEE is no longer considered an employee and voluntary contributions will not be withheld from the separation payment.

401(k) Retirement Plan. PNA pays up to a 5% match of the employee’s contribution. There is a maximum Company contribution as may be established from time to time by the Internal Revenue Service. The vesting period for Company contributions is 5 years.

401(k) Retirement Plan. Transition Projects has an employee matching deferred compensation plan (401(k) plan). This retirement plan is available to employees after one year of employment. Transition Projects will match a minimum of 3% of an employee’s gross salary.

401(k) Retirement Plan. It is understood and agreed that EMPLOYEE did participate in a retirement plan offered by COMPANY and therefore COMPANY has no further obligation to withhold any deductions nor make any contributions to any such plan on behalf of EMPLOYEE. Therefore for purposes of the retirement plan, EMPLOYEE is no longer considered an employee and voluntary contributions will not be withheld from the Severance Payment. The Parties agree that nothing in contained in this Agreement shall impact EMPLOYEE’s rights with respect to retirement benefits that were vested as of the Termination Date and that all such rights are governed by the terms of the applicable plan.