The Retirement Savings Plan which is a successor Plan to the Money Purchase Plan was adopted effective January 1, 2007. It is a multi-employer, collectively bargained Profit Sharing (401a) Plan with an Elective Deferral (401k) option. The Plan is funded from Employer contributions and elective Employee 401k contributions. It is a defined contribution plan which means that benefits at retirement or early withdrawal, if applicable, are determined by the amount of total contributions made on your behalf into the plan (including elective 401k contributions) plus or minus investment returns or losses net of investment fees, minus your share of the Plan’s operating expenses.

You are immediately vested with the first dollar that is contributed to the plan on your behalf.

The Plan determines the value of your Individual Account as of midnight of each Business day. While the Trustee-Directed Portfolio continues to be collectively and actively managed by Dodge and Cox, the Plan provides the option to self-direct all, or a portion, of the net assets credited to an Individual Account once you have satisfied the requirements to do so. The options include a wide range of funds that vary from conservative to more aggressive investment approaches, allowing you to design an investment strategy that best suits your goals, time horizon and risk tolerance. The Plan has contracted with Alan Biller & Associates, an investment consulting firm, to monitor the Plan's investments and investment managers and to assist the Board in developing the Plan’s investment policy.

When you work in other jurisdictions, your contributions may be transferred into this plan, provided you timely follow the required procedures. See the "Reciprocity" page for additional information.

The Plan does not provide for loans.

The Plan has contracted recordkeeping services with Fidelity Investments which will provide quarterly statements showing detailed Employer and elective deferral contribution information, investment returns, expenses, and the value of your account at the end of the quarter. You also have online access to your account at any time by logging onto Fidelity NetBenefits at fidelity.com/atwork once you have set up your personal identification number.