ST. CLAIR HOSPITAL SAVINGS PLAN Contribution & Employer Match

ST. CLAIR HOSPITAL SAVINGS PLAN Average Participant Retirement Account Value

ST. CLAIR HOSPITAL SAVINGS PLAN Estimated Average Employee Contribution Amount

• The Plan permits eligible employees to make annual contributions of up to 100% of eligible pretax compensation, as defined by the Plan, through a salary deferral election, subject to IRC limitations.
• Participants who have attained age 50 before the end of the plan year are eligible to make catch-up contributions.
• If an employee has at least 15 years of service with the Employer, the employee is eligible for a special catch-up election that allows contributions up to $3,000 above the normal plan deferral limits.
• The Plan includes an auto-enrollment provision whereby all newly eligible employees are automatically enrolled in the Plan unless the employee affirmatively elects not to participate in the Plan.
• Automatically enrolled participants have their deferral rate set at 4% of eligible compensation and their contributions invested in a designated balanced fund until another investment option is selected by the participant.

• The Employer contributes a matching amount of 50% of the first 4% of the participant’s salary deferral for a maximum employer contribution of 2% of eligible compensation.

• Participants have no vesting until he/she reaches three years of credited service, at which time they are fully vested.
• Participants become 100% vested upon death or disability.