401(k) Plan

Contact a Fidelity Representative:

• Toll-Free number:  1-800-835-5095 
• www.netbenefits.com

Invest some of what you earn today for what you plan to accomplish tomorrow. Take a look and see what a difference enrolling in your workplace savings plan could make in helping you achieve your goals.

• Tax Savings – Once you make an election to defer some of your salary into the plan, your pre-tax contributions are deducted from your pay before income taxes are taken out. This means that you can actually lower the amount of current income taxes you pay each period. It could mean more money in your take-home pay versus saving money in a taxable account. Also, you pay no taxes on any earnings until you withdraw them from your account, generally at retirement, enabling you to keep more of your money working for you now.
• Convenience – Your contributions are automatically deducted regularly from your paycheck.
• Portability – You can roll over eligible savings from a previous employer into this Plan. You can also take your plan vested account balance with you if you leave the company. See the Frequently Asked Questions section for additional details.
• Investment Flexibility – You have the flexibility to select from investment options that range from more conservative to more

Retirement Plan

Beginning on the 1st day of the month following your hire date, you are eligible to enroll in the retirement plan and you may defer a percentage of your salary on a pre-tax basis or post-tax basis:

• 401(k) - defer a percentage of your weekly salary on a pre-tax basis
• Roth 401(k) - defer a percentage of your weekly salary on a post-tax basis
• Auto-Enrollment - if you have not enrolled or opted out of the retirement plan within 60 days of your hire date, you will be automatically enrolled in the 401(k) plan at 5% pre-tax deferral rate
• Employer Match - CEI will match 50% of the first 3% of your eligible compensation deferred (contributed) during the plan year once you have met the eligibility conditions*

*Completed 83 1/3 service hours each month for six (6) consecutive months; or reach one year of service