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Trace Systems, Inc. 401(k) Plan09/16PLAN HIGHLIGHTS Plan Highlights briefly describes the plan. The rest of this booklet explains in greater detail how the plan works. We started the plan on January
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Plan highlights provides a summary of the key features and benefits of a specific plan.
Employers or plan administrators are usually required to file plan highlights.
Plan highlights can be filled out by providing a concise overview of the plan's main features, such as contribution limits, investment options, and eligibility requirements.
The purpose of plan highlights is to help participants quickly understand the key aspects of a plan before making decisions about enrollment or contributions.
Plan highlights must typically include information on fees, investment options, vesting schedules, and any employer contributions.
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