THE 401(K) PLAN FOR PERMANENTE MEDICAL GROUPS Contribution & Employer Match

THE 401(K) PLAN FOR PERMANENTE MEDICAL GROUPS Average Participant Retirement Account Value

THE 401(K) PLAN FOR PERMANENTE MEDICAL GROUPS Estimated Average Employee Contribution Amount

• The Plan provides that the participants may contribute from 1% to 75% of their income annually, not to exceed limits imposed by the Internal Revenue Service (IRS).
• The Plan provides for Roth deferrals, Roth conversions, and Roth rollovers.
• Participants who have attained age 50 before the end of the Plan year are eligible to make catch-up contributions.
• The Plan includes an auto-enrollment provisions whereby certain employee groups’ 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 3% of eligible compensation and their contributions invested in a designated fund until elected otherwise by the participant.
• Unless elected otherwise by the participant, deferrals are automatically increased annually by 1%, up to a maximum auto-deferral of 10% for groups other than HPMG and PPG (15% for HPMG and PPG).

• TSPMG participants will receive an employer contribution of 1.25% of their eligible compensation and TSPMG may make discretionary employer contributions to eligible TSPMG participants.
• For each plan year, HPMG and PPG participants who satisfy the eligibility requirements may receive employer contributions in an amount equal to a total discretionary percentage.

• SCPMG, HPMG, and PPG participants shall at all times be fully 100% vested in their pretax, Roth, after tax, rollover, employer contributions.
• TSPMG participants become 100% vested in their employer contributions account upon completion of three years of service.