ARVIG ENTERPRISES, INC. 401(K) PLAN Contribution & Employer Match

ARVIG ENTERPRISES, INC. 401(K) PLAN Average Participant Retirement Account Value

ARVIG ENTERPRISES, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

• Each year, participants may contribute up to the lessor of 90% of pretax annual compensation or limits established by the IRS, as defined in the Plan.
• Participants who have attained age 50 before the end of the Plan year are eligible to make catch-up contributions.
• Participants may elect to make Roth contributions utilizing after-tax contributions.
• Participants may also contribute amounts representing distributions from other qualified defined benefit or defined contribution plans.
• All newly eligible employees are automatically enrolled in the Plan unless they affirmatively elect not to participate in the Plan.
• Automatically enrolled participants have their deferral rate set at 3% of eligible compensation and their contributions invested in a designated fund until elected otherwise by the participant.
• Unless elected otherwise by the participant, deferrals are automatically increased annually by 1%, up to a maximum auto-deferral of 15%.

• During 2024 and 2023, the safe harbor matching contribution equaled 100% of the first 1% of employee elective deferrals and 50% of the next 3% of deferrals up to 4%.
• Effective November 23, 2021, participants employed by All State Communications, Inc.
• and Time Communications, Inc.
• became eligible for employer matching contributions equaling 37.5% of the first 4% of employee elective deferrals for a total available match of 1.5%.

• Participants are fully vested in salary deferrals and safe harbor nonelective employer contributions, and earnings thereon.
• In general, vesting in Company contributions is based on years of service, as defined, starting with 20% after two years with increases in increments of 20% per year until fully vested after six years.