[et_pb_section fb_built="1" _builder_version="4.27.0" background_image="https://benefitsmyway.mybenefitport.com/wp-content/uploads/2024/08/401k-scaled.jpg" min_height="300px" custom_padding="0px||0px|" collapsed="on" global_colors_info="{}"][et_pb_row padding_mobile="off" column_padding_mobile="on" _builder_version="4.16" background_size="initial" background_position="top_left" background_repeat="repeat" global_colors_info="{}"][et_pb_column type="4_4" _builder_version="4.16" custom_padding="|||" global_colors_info="{}" custom_padding__hover="|||"][et_pb_code _builder_version="4.21.0" global_colors_info="{}"]<!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] --><!-- [et_pb_line_break_holder] -->[/et_pb_code][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built="1" admin_label="Main HEADER" module_id="eap" module_class="ksec-head" _builder_version="4.21.0" background_color="#FFFFFF" custom_padding="0px||0px|" filter_hue_rotate="359deg" collapsed="on" global_colors_info="{}"][et_pb_row padding_mobile="off" column_padding_mobile="on" _builder_version="4.16" background_size="initial" background_position="top_left" background_repeat="repeat" global_colors_info="{}"][et_pb_column type="4_4" _builder_version="4.16" custom_padding="|||" global_colors_info="{}" custom_padding__hover="|||"][et_pb_text admin_label="Header" _builder_version="4.27.0" header_font="--et_global_heading_font|500|||||||" header_text_align="center" header_text_color="#872434" header_font_size="44px" header_2_font="--et_global_heading_font||||||||" background_size="initial" background_position="top_left" background_repeat="repeat" background_layout="dark" module_alignment="center" global_colors_info="{}"]<h1>401(k) Retirement Plan</h1>
[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built="1" admin_label="Medical Info" module_class="ksec-trans" _builder_version="4.21.0" custom_margin="0px||0px||false|false" custom_padding="0px|0px|0px|0px|false|false" collapsed="on" global_colors_info="{}"][et_pb_row column_structure="3_4,1_4" use_custom_gutter="on" gutter_width="1" make_equal="on" module_id="eligibility" _builder_version="4.21.0" width="100%" width_tablet="100%" width_phone="" width_last_edited="on|desktop" max_width="100%" max_width_tablet="100%" max_width_phone="" max_width_last_edited="on|desktop" make_fullwidth="on" global_colors_info="{}"][et_pb_column type="3_4" _builder_version="4.16" background_color="#ffffff" custom_padding="|||" global_colors_info="{}" custom_padding__hover="|||"][et_pb_text admin_label="Text Content" _builder_version="4.27.0" header_2_font="--et_global_heading_font|500|||||||" header_2_text_color="#872434" custom_margin="20px||||false|false" custom_padding="||0px|||" global_colors_info="{}"]<h2 class="elementor-heading-title elementor-size-default">401(k) Plan</h2>
The Owens &amp; Minor 401(k) Plan, administered by Fidelity, helps you prepare for retirement by offering an easy, tax-advantaged way to save. Once you’re eligible, we match on a dollar-for-dollar basis up to 3% of your eligible contributions. You are immediately vested in your contributions, as well as the company’s match.
<p style="font-weight: 400;"><strong>Eligibility and enrollment</strong></p>
<p style="font-weight: 400;">You are eligible to enroll after 30 days of employment. After 60 days of service, you will be automatically enrolled in the plan with a 2% contribution rate. After one year of service, you are eligible for the company match. Enroll online at <a href="https://401k.com" target="_blank" rel="noopener"><strong>401k.com </strong></a>or call <strong>(800) 835-5095</strong>.</p>
&nbsp;
[/et_pb_text][et_pb_text admin_label="Text Content" _builder_version="4.27.0" header_2_font="--et_global_heading_font|500|||||||" header_2_text_color="#872434" custom_margin="20px||||false|false" custom_padding="||0px|||" global_colors_info="{}"]<h2 class="elementor-heading-title elementor-size-default">Reasons to Participate</h2>
<ul>
 	<li>Your pre-tax contributions are deducted from your pay, decreasing your overall income tax.</li>
 	<li>You have multiple investment funds with risks ranging from conservative to aggressive.</li>
 	<li>You can choose from retirement date-based Fidelity Freedom Funds. The Freedom Funds are generally designed for investors planning to retire around the year in the investment name.</li>
 	<li>Fidelity Portfolio Advisory Service at Work provides discretionary money management for a fee. You can delegate the day-to-day management of your 401(k) account to professional investment managers.</li>
</ul>
[/et_pb_text][et_pb_text admin_label="Text Content" _builder_version="4.27.2" header_2_font="--et_global_heading_font|500|||||||" header_2_text_color="#872434" custom_margin="-7px||||false|false" custom_padding="8px||18px|||" hover_enabled="0" locked="off" global_colors_info="{}" min_height="58.8px" z_index="0" sticky_enabled="0"]<p style="font-weight: 400;">You can manage both your 401(k) and TSPP accounts at <a href="https://401k.com" target="_blank" rel="noopener"><strong>401k.com</strong></a>. For complete details, including information about your investment options, visit <a href="https://401k.com" target="_blank" rel="noopener"><strong>401k.com</strong></a>.</p>[/et_pb_text][et_pb_cta title="Have you named a beneficiary?" _builder_version="4.27.0" _module_preset="default" custom_margin="35px||||false|false" locked="off" global_colors_info="{}"]<p style="font-weight: 400;">It’s important to designate a beneficiary to receive the value of your 401(k) and TSPP brokerage account in the event you die before beginning to receive your benefit. Be sure to keep your beneficiary information up to date at <a href="https://401k.com" target="_blank" rel="noopener"><span style="color: #ffffff;"><strong>401k.com</strong></span>.</a></p>[/et_pb_cta][/et_pb_column][et_pb_column type="1_4" _builder_version="4.16" background_color="#ffffff" custom_padding="|||" global_colors_info="{}" custom_padding__hover="|||"][et_pb_sidebar disabled_on="on|on|off" _builder_version="4.21.0" _module_preset="default" custom_margin="|-59px||-56px|false|false" custom_padding="|||30px|false|false" border_color_right="#FFFFFF" border_width_left="1px" border_color_left="#d8d8d8" global_colors_info="{}"][/et_pb_sidebar][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built="1" admin_label="Footer Section" module_class="ksec-trans" _builder_version="4.21.0" background_color="#e6e7e8" custom_padding="0px|0px|0px|0px|false|false" collapsed="on" global_colors_info="{}"][et_pb_row use_custom_gutter="on" gutter_width="1" make_equal="on" module_id="new-employees" module_class=" et_pb_row_fullwidth" _builder_version="4.21.0" width="100%" width_tablet="100%" width_phone="" width_last_edited="on|desktop" max_width="100%" max_width_tablet="100%" max_width_phone="" max_width_last_edited="on|desktop" make_fullwidth="on" global_colors_info="{}"][et_pb_column type="4_4" _builder_version="4.21.0" background_enable_color="off" custom_padding="|||" global_colors_info="{}" custom_padding__hover="|||"][et_pb_text admin_label="Text Content" _builder_version="4.26.0" custom_margin="-30px||||false|false" global_colors_info="{}"]<span lang="EN-US">This Benefits Website provides general information for our benefit eligible employees; however, more detailed information is available within the plan documents and legal contracts between our company and the insurance providers. In case of any discrepancy between this Benefits Website and the plan documents, <strong><i>t</i><i>he plan documents always govern and determine your exact benefits. In addition, the company reserves the right to modify or terminate any benefit plan at any time. </i></strong></span>Benefits are not a guarantee of employment.[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]