CROWELL & MORING LLP RETIREMENT PLAN Contribution & Employer Match

How CROWELL & MORING LLP Supports Your Retirement Savings

CROWELL & MORING LLP provides retirement savings benefits through CROWELL & MORING LLP RETIREMENT 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.

CROWELL & MORING LLP RETIREMENT PLAN Contribution & Match Policy

1. Employee Contribution Rates: Employees can contribute from 1% to 50% of their pretax annual compensation.

2. Employer Match/Contribution Conditions: Discretionary annual employer contributions equal 15% of a partner’s annual eligible compensation and 7.5% of a non-partner employee’s annual eligible compensation, plus an additional amount based on a percentage rate derived from the employer’s old age insurance portion of the Social Security tax.

3. Vesting Schedule/Eligibility: Participants are immediately vested in elective and rollover contributions. Employer contributions require one year of service, completion of 1,000 hours of service during the plan year, and active employment at December 31st of the given plan year, with certain exceptions.