WAY HOLDING LTD. 401(K) RETIREMENT PLAN Contribution & Employer Match

How WAY HOLDING LTD. Supports Your Retirement Savings

WAY HOLDING LTD. provides retirement savings benefits through WAY HOLDING LTD. 401(K) 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.

WAY HOLDING LTD. 401(K) RETIREMENT PLAN Contribution & Match Policy

1. Employee Contribution Rates: Participants may contribute a percentage of their annual wages each payroll period subject to annual dollar limitations.

2. Employer Match/Contribution Conditions: The employer matches 35% of a participant’s first 6% contributed, with no match in excess of 6% of a participant’s annual salary. The employer may also contribute a percentage of its current year-end profits at the option of the Company’s Board of Directors, but no discretionary profit-sharing contributions have been made since the Plan’s inception.

3. Vesting Schedule/Eligibility: Participants will be automatically fully vested if employed on or after their early or normal retirement age, date of total disability, date of death, or upon plan termination. Matching contributions vest based on years of service: 0% for less than 2 years, 20% at 2 years, 40% at 3 years, 60% at 4 years, 80% at 5 years, and 100% for 6 years or more.