KANE WAREHOUSING, INC. RETIREMENT SAVINGS PLAN Contribution & Employer Match

KANE WAREHOUSING, INC. RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value

KANE WAREHOUSING, INC. RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

• Each year, participants may contribute up to 100% of pretax annual compensation, as defined in the plan document, up to the maximum limits of the Internal Revenue Code (IRC).
• Participants also may designate all or a portion of their deferral contributions as after-tax contributions into a Roth account.
• Participants who have attained age 50 before the end of the plan year are eligible to make catch-up contributions.
• The Plan has adopted a Qualified Automatic Contribution Arrangement (QACA) provision, whereby all eligible employees are automatically enrolled in the Plan unless they affirmatively elect not to participate in the Plan.
• Automatically enrolled participants have their initial pre-tax deferral rate set at 3% of eligible compensation.
• The automatic deferral rate is increased to 4% for the second year following automatic enrollment, 5% for the third year following automatic enrollment and 6% for the fourth year and all subsequent years following automatic enrollment.

• The Companies make QACA matching contributions in an amount equal to 100% of the first 1% and 50% of the next 2% up to 6% of eligible compensation deferred.

• Participants are immediately vested in their contributions plus actual earnings thereon.
• Vesting in the Companies’ QACA matching contribution portion of their account is based on years of credited service and a cliff vesting schedule with 100% vesting after two years of credited service.
• Vesting in the Companies’ discretionary and profit sharing contribution portion of their account is based on a graded vesting schedule with 100% vesting after six years of credited service.