PRC MANAGEMENT COMPANY, INC. 401(K) PLAN Contribution & Employer Match

PRC MANAGEMENT COMPANY, INC. 401(K) PLAN Average Participant Retirement Account Value

PRC MANAGEMENT COMPANY, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

• Participants may contribute up to eighty percent of their annual eligible compensation, as defined by the Plan, as either pretax or Roth deferrals.
• In addition, participants who have attained age fifty before the end of the plan year are eligible to make ‘catch-up’ deferral contributions.
• The Plan includes an auto-enrollment provision whereby 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 two percent of eligible compensation and their contributions invested in a designated balanced fund, based upon date of birth, until changed by the participant.

• The employer match for the 2024 plan year was 100% of the first 2% of eligible compensation deferred into the Plan.

• Participants are immediately vested in their rollover, qualified matching, qualified non-elective, and deferral contributions plus actual earnings thereon.
• Vesting in the employer’s matching and employer non-elective contribution portion of participant accounts plus actual earnings thereon is based on years of continuous service.
• A participant is 100% vested after five years of credited service.
• Under the Plan, an employee who reaches their normal retirement date or postponed retirement, dies, or becomes permanently disabled, as defined in the Plan, becomes 100% vested in the amount allocated to his or her account balance.