Welcome to the D & D Truck & Small Engine Repair, LLC 401(k) Plan
401k Education and Enrollment
How to enroll in the 401k:
Verification
Once you have become eligible, 401GO will send you an email with a link to verify your employment, and set up your 401(k) account.
Questions?
Questions on saving and investing call (714) 415-2680,
or schedule a time:
iwmfinancial.com/appointment
About the Plan
The 401k is held with 401GO to provide multiple tools, education resources, and additional means to serve you.
Plan Assets are custodied by Matrix Financial Solutions, a Broadridge Financial Solutions company.
The Financial Advisor for the plan is: Bradley Shammas, CFP®, CPFA.
Eligibility
- Eligible if:
- You must attain age 18, and
- You must complete 6 months of service
- Enrollment Periods
- You may be automatically enrolled in the plan on the first day of the month following eligibility
- You may opt out of the plan at any time by loggin in online
- Select your salary deferral percentage:
- Up to 100% of your eligible pay*
- Up to $23,500/year, with an additional Catch Up contribution of $7,500 (Age 50+) or an additional Catch Up contribution of $11,250 (Age 60-63)
- Vesting: 100%
- Company Match: Safe Harbor Matching Contribution Account in an amount equal to:
- 100% of the first 3%, plus
- 50% up to the next 5%
- i.e., to get the full match of 4%, you would contribute 5% of your pay
- Vesting:
- Employee & Employer Safe Harbor Match: 100%
- Employer Matching Contribution and Profit Sharing: vest based on your Years of Vesting Service according to a 2-6 year graded vesting schedule (20% per year starting with two years of vesting service).
Already registered for the 401k?
Your Guide to Retirement
The road to financial security in retirement begins with a clear understanding of the benefits of investing, smart financial practices, and professionally guided investments.
Why Start Today?
Starting your retirement savings now is essential to achieving your long-term financial goals. The power of compounding interest amplifies the value or your investments – allowing every dollar to accrue additional value through gained interest. Over time, that gained value begins to generate additional value, exponentially increasing the growth of your wealth. Simply put, small investments today can deliver big impact to your future financial well-being.
Information provided by Orion Portfolio Solution, OPS Retirement Simplified Clients 401k Plans