PLAN FEATURES

Eligibility

On the 1st day of the month following two months of service.

Enrollment

You will be automatically enrolled when you become eligible unless you opt out through hcabenfeits.com by the date listed on your Automatic Enrollment Notice included in your Enrollment Kit.

Contributions

Your Contributions: Your initial contribution rate will be 3% of your pay and will increase by 1% in January of each year unless you actively elect another date.  You may contribute from 1 to 50% of your pay (before-tax) through convenient payroll deduction.* Employees age 50 or over may make additional "catch up" contributions. You may also rollover money from other qualified plans.

Matching Contributions: Your facility will match 100% of  3-9% of eligible pay that you contribute, depending on your years of service (except for any Rollover or Catch-up Contributions you make to the Plan).

How Contributions are Invested

You choose how to invest your contributions and the Matching Contributions to this Plan. You have a choice of 11 professionally managed investment funds. From these funds, you can create your own investment mix or choose from 3 pre-mixed funds, designed to make investing easier.

Vesting (when you own the money)

You are always fully vested in your contributions to the Plan. You become fully vested in the Matching Contributions on a 6-year graded vesting schedule:

* You earn 1 year of Vesting Service for each calendar year in which you perform at least 1,000 hours of service.

When You Are Eligible to Receive Your Account

As an active employee, you may access your account through loans and withdrawals, if eligible. Otherwise, you may receive your vested account balance upon termination of employment for any reason.