ASM GLOBAL RETIREMENT & SAVINGS PLAN Contribution & Employer Match

How ASM GLOBAL Supports Your Retirement Savings

ASM GLOBAL provides retirement savings benefits through ASM GLOBAL RETIREMENT & SAVINGS PLAN. Understanding your employer’s contribution structure is essential — it directly affects how quickly your retirement nest egg grows. Below you will find the plan’s average account values and contribution patterns based on publicly filed data.

* Data are from public filings.

Are You Leaving Dollars on the Table?

If you are not contributing enough to capture the maximum employer match, you are literally turning down part of your compensation. For many plans, this can mean thousands of dollars per year in lost employer contributions — money that would compound over decades.

Use the policy details and calculator below to find out exactly how much you need to contribute to capture every dollar of employer matching.

ASM GLOBAL RETIREMENT & SAVINGS PLAN Contribution & Match Policy

1. Employee Contribution Rates: Participants may contribute up to 60% of their annual pretax salary.

2. Employer Match/Contribution Conditions: The employer matches 100% of the first 3% of the participant’s deferral amount. An eligible employee needs to be employed on December 31 of each plan year to receive the employer matching contributions.

3. Vesting Schedule/Eligibility: The vesting schedule is as follows: Less than 1 year – 0%, 1 year – 33%, 2 years – 67%, 3 years and more – 100%. Eligibility requires employees to be full-time, union employees or high volume events employees, have attained the age of 21, and completed at least 1,000 hours of service in a 12-month period.