401k
Benefit Plan and Eligibility
Gage offers a pension plan whereby eligible employees can make tax deferred contributions on a payroll deduction basis. The 401(k) plan is for the exclusive benefit of eligible employees and their beneficiaries and may be enhanced by employer matches to a portion of the employee’s contributions.
Before the employee becomes a member or “participant” in the plan, there are certain eligibility and participation rules that must be met. Employees who have completed six full months of service and have attained the age of 19 will be eligible to participate. Part-time employees who are scheduled on a year-round basis are eligible for participation in the 401(k) plan. Employees may enroll on the first day of the quarter following their six-month anniversary. TruStage or Paylocity will contact each employee as they meet the eligibility requirements.
Employees terminating before retirement age may have a vested interest in their account balances based on their time with the Company.
TruStage
TruStage manages the 401(k) program for Gage. You can check your balance, make changes to your retirement account and access education by registering at www.BenefitsForYou.com. Once registered, you can access your account by phone, tablet or computer. Start tapping into convenient online resources and get real about your retirement. Your future self will thank you. Questions? To register, call 800.999.8786 or visit www.BenefitsForYou.com
401(k) RetireOnTarget Demonstration
Resources
TruStage™ is the marketing name for TruStage Financial Group, Inc. its subsidiaries and affiliates. CPI Qualified Plan Consultants, Inc. and CMFG Life Insurance Company are subsidiaries of TruStage Financial Group. Annuity insurance products are issued by CMFG Life Insurance Company, located in Waverly, Iowa. Each insurer is solely responsible for the financial obligations under the policies and contracts it issues. All contracts and forms may vary by state and may not be available in all states or through all broker/dealers.
Securities distributed by CUNA Brokerage Services, Inc. (CBSI), Member FINRA/SIPC, a registered broker/dealer, 2000 Heritage Way, Waverly, Iowa 50677, toll-free 866.512.6109. CBSI is a limited business broker/dealer (Member FINRA/SIPC), a fully owned subsidiary of TruStage Financial Group, Inc. Non-deposit investment and insurance products are not federally insured, involve investment risk, may lose value, and are not obligations of or guaranteed by the financial institution. Representatives offer retirement and investment education but do not provide investment, legal or tax advice. Participants are encouraged to consult their financial professional.
