Retirement
Who’s eligible?
To be eligible for the 401(k) Plan, you must be a non-union, full-time Telepictures (tier 1) employee regularly scheduled to work at least 30 hours per week. Refer to the 401(k) Summary Plan Description (SPD) for complete details.
Overview
The Company is committed to supporting your financial well-being — today and tomorrow. That’s why we offer the TTT West Coast, Inc. 401(k) Retirement Savings Plan (401(k) Plan) to eligible Telepictures employees. The 401(k) Plan gives you an easy, tax-advantaged way to save for your future financial needs.
Benefits of participating include:
• Current tax savings
• Tax-deferred investment growth
• Convenient payroll deductions
• Range of fund options
• Immediate vesting
• Easy-to-use retirement planning tools
How to enroll
Eligible employees will receive an Enrollment Guide from Fidelity 30 days prior to entry date. To enroll, go to Fidelity’s website at www.netbenefits.com and follow the prompts. Your enrollment is generally effective the first payroll period of the following month after you enroll. If you have questions or prefer to enroll by phone, call the Fidelity Benefits Center at (800) 354-3435.
Don’t forget to name a beneficiary to receive the value of your account in the event of your death.
How to make your online beneficiary designations:
* Log into NetBenefits at www.netbenefits.com
* From the Home page, click on the Menu icon on the top left
* Click on Beneficiaries
* Follow the prompts to add or change a beneficiary designation
Manage your account online, 24/7. Check your balance, see how your investments are performing over time, use helpful retirement planning tools, and much more on Fidelity’s website at www.netbenefits.com.
More Information
Learn about the 401(k) Plan so you can take full advantage! Remember, the time you spend planning for your financial future is always a smart investment. Go to www.netbenefits.com.
For copies of plan documents, please go to Resources/Forms & Documents.
As required each year under the Employee Retirement Income Security Act of 1974, as amended (ERISA), TW Ventures Inc. files financial information on its benefit plans with the Internal Revenue Service. ERISA also requires that a summary of this information be distributed to employees. Click here for information on the retirement benefit plan in effect from January 1, 2021 through December 31, 2021. The format of the Summary Annual Report is prescribed by Department of Labor regulations. Please note that this plan may not be applicable to you or your production.