401(k)

Wake up!  Yes, I know that much of this stuff is snoozeville.  But there are a few cool facts I want you to know.  So, read on. 

First a little history:  From its inception in 1991 to 2006, the plan grew to $6.3 Million.  Then it grew to over $10 Million by the end of '07.  Very impressive!

I'm told our plan is one of the finest in America; equaled by very few companies.  It is managed for the sole benefit of its participants!  Just look at these new features:

1.  If you contribute 5% then we match 4% and the match is 100% yours the moment it goes in.  That’s a pretty good return on your money by my figuring.
2.  Recently the plan has expanded the selection of investment options from 26 to well over 900. 
3.  We now offer professional money managers.  Many participants have no interest in investing but have a desire for someone to do that for them.  They'll come to your office too. 
 
That’s great for flexibility but what about security?
1.  We have an investment committee of four that meets every quarter.  They're moderated by an independent CPA auditor to insure they do things by the book. 
2.  This committee reviews all aggregated activity and the investment options each time they meet.
3.  Your money must go in the plan within 15 days of the time withheld.
4.  Finally, an outside CPA audits our plan every year.  This is required by law and must be attached to our plan's tax return.

Rest assurred.  You now have a retirement plan that is among the best in the country for benefits and features!  You can also feel comfortable that your plan has the protection required to insure your investments are carefully watched by our investment committee, our fiduciary advisor, and finally by our independent CPA auditor.  We realize that confidence is the single most important ingredient in the formula of a successful 401k plan.  New developments are coming too; watch for them.   

--clyde