Retirement Planning

Contributing to a 401(k) account now can help keep you financially secure later in life. The Hamilton 401(k) plan provides you with the tools you need to prepare.

Retirement Planning

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Plan Details

Feature	Detail
Plan name	Hamilton 401(k) Plan
Plan type	401(k)
Record keeper	Fidelity
Website	www.401k.com
Phone	800-835-5095
Eligibility	You may start making pre-tax or Roth contributions (or both) into the plan on the first day of employment. You must be at least 18 years of age to be eligible.
Employer match	After 3 months of continuous employment, Hamilton will match your contributions (dollar for dollar), up to 4% or $3,000 per calendar year, whichever is greater. Participants are 100% vested from the date of enrollment.
Investment guidance	It’s up to you how to invest the assets. The Hamilton 401(k) plan offers a selection of investment options for you to choose from. You may change your investment choices any time. For more details, visit www.401k.com.
Vesting schedule	from the date of enrollment: 100%
Contribution types	Pre-tax: contributions are taken out before taxes each pay period, which will lower your annual taxable income. Pre-tax contributions grow on a tax-deferred basis and you won’t pay taxes on these dollars until a distribution is taken at retirement. Roth 401(k): contributions are deducted from your paycheck after taxes — so although you are paying taxes on those dollars now, you won’t pay taxes when you withdraw during retirement.
Contribution limits	Annual IRS limit: $25,500* Ages 50 and older: $8,500* Ages 60, 61, 62, and 63: $11,750*
Retirement planning	No matter what point of your career you’re in, it’s never a bad time to think about your future and save for retirement.
All about 401(k)	This employer-sponsored retirement account can help your future self by saving money — tax-free — from your paycheck. The sooner you participate in a 401(k), the more time your assets have to grow. Eligible employees can invest for retirement while receiving tax advantages.
Contributing to the plan	As a participant in the 401(k) Plan, you are able to save for retirement to help you achieve your retirement goals. The IRS limits the amount you can save annually, but if you are over age 50, you can contribute even more to the plan through catch-up contributions. The annual IRS limit for 2027 is $25,500, and the standard catch-up contribution limit for individuals ages 50 and older is $8,500. The years you turn ages 60, 61, 62, and 63, you can save an additional amount up to $11,750*. Note: The standard catch-up limit resumes the year you turn age 64.
Contributing to the plan	Not sure if you’re getting close to the annual contribution limit? Our payroll system tracks how much you’ve contributed. If you started at the company mid-year, let the HR Department know how much you contributed at your previous employer so that can be factored in and you won’t be subject to penalties for overcontributing.
Vesting	Vesting refers to how much of your 401(k) funds you can take with you if or when you leave Hamilton. Participants are 100% vested from the date of enrollment.
Tax savings	In a 401(k), you don’t owe taxes annually on interest, dividends, or profits earned.
Flexibility	You can change the amount of your contributions any time.
Hamilton match	Your retirement savings grows faster with the Company’s match of 4% or $3,000, whichever is greater!

Plan name

Detail: Hamilton 401(k) Plan

Plan type

Detail: 401(k)

Record keeper

Detail: Fidelity

Website

Detail: www.401k.com

Phone

Detail: 800-835-5095

Eligibility

Detail: You may start making pre-tax or Roth contributions (or both) into the plan on the first day of employment. You must be at least 18 years of age to be eligible.

Employer match

Detail: After 3 months of continuous employment, Hamilton will match your contributions (dollar for dollar), up to 4% or $3,000 per calendar year, whichever is greater. Participants are 100% vested from the date of enrollment.

Investment guidance

Detail: It’s up to you how to invest the assets. The Hamilton 401(k) plan offers a selection of investment options for you to choose from. You may change your investment choices any time. For more details, visit www.401k.com.

Vesting schedule

Detail: from the date of enrollment: 100%

Contribution types

Detail: Pre-tax: contributions are taken out before taxes each pay period, which will lower your annual taxable income. Pre-tax contributions grow on a tax-deferred basis and you won’t pay taxes on these dollars until a distribution is taken at retirement. Roth 401(k): contributions are deducted from your paycheck after taxes — so although you are paying taxes on those dollars now, you won’t pay taxes when you withdraw during retirement.

Contribution limits

Detail: Annual IRS limit: $25,500* Ages 50 and older: $8,500* Ages 60, 61, 62, and 63: $11,750*

Retirement planning

Detail: No matter what point of your career you’re in, it’s never a bad time to think about your future and save for retirement.

All about 401(k)

Detail: This employer-sponsored retirement account can help your future self by saving money — tax-free — from your paycheck. The sooner you participate in a 401(k), the more time your assets have to grow. Eligible employees can invest for retirement while receiving tax advantages.

Contributing to the plan

Detail: As a participant in the 401(k) Plan, you are able to save for retirement to help you achieve your retirement goals. The IRS limits the amount you can save annually, but if you are over age 50, you can contribute even more to the plan through catch-up contributions. The annual IRS limit for 2027 is $25,500*, and the standard catch-up contribution limit for individuals ages 50 and older is $8,500*. The years you turn ages 60, 61, 62, and 63, you can save an additional amount up to $11,750*. Note: The standard catch-up limit resumes the year you turn age 64.

Contributing to the plan

Detail: Not sure if you’re getting close to the annual contribution limit? Our payroll system tracks how much you’ve contributed. If you started at the company mid-year, let the HR Department know how much you contributed at your previous employer so that can be factored in and you won’t be subject to penalties for overcontributing.

Vesting

Detail: Vesting refers to how much of your 401(k) funds you can take with you if or when you leave Hamilton. Participants are 100% vested from the date of enrollment.

Tax savings

Detail: In a 401(k), you don’t owe taxes annually on interest, dividends, or profits earned.

Flexibility

Detail: You can change the amount of your contributions any time.

Hamilton match

Detail: Your retirement savings grows faster with the Company’s match of 4% or $3,000, whichever is greater!