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HOIST & CRANE SERVICE GROUP, INC.401k Retirement Savings Plan 401k Summary Plan Highlights PLAN ADMINISTRATOR:FIDELITY INVESTMENTS Effective September 1, 2010ELIGIBILITY: Employee will be eligible

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What is 401k retirement savings plan?

A 401k retirement savings plan is a retirement savings plan sponsored by an employer where employees can contribute a portion of their salary on a pre-tax basis.

Who is required to file 401k retirement savings plan?

Employers are required to offer a 401k retirement savings plan to eligible employees.

How to fill out 401k retirement savings plan?

Employees can fill out a 401k retirement savings plan by choosing a contribution amount and investment options offered by the plan.

What is the purpose of 401k retirement savings plan?

The purpose of a 401k retirement savings plan is to help employees save for retirement in a tax-advantaged manner.

What information must be reported on 401k retirement savings plan?

Information such as employee contributions, employer contributions, investment options, and account balances must be reported on a 401k retirement savings plan.

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