401(k) Retirement Plan

The company offers a 401(k) Retirement Plan to help you save for retirement. You can make two types of contributions:

• Pre-Tax Contributions – Amounts you contribute and any investment earnings are not taxed until you withdraw the money after you retire.
• Roth After-Tax Contributions – Your contributions are taxed as regular income in the year you make the contributions.
  Future withdrawals of your contributions and investment earnings are tax free.

You can contribute up to 70% of your pay through automatic payroll deductions, up to the IRS annual maximum ($24,500 for 2026). If you are age 50 or older, you can make an additional catch-up contribution of $8,000.

If you do not enroll, you will automatically be enrolled at a 3% pre-tax contribution rate. You can change or decline contributions at anytime during the year by logging in to www.mykplan.com or by calling 888-822-9238.

You can choose from a variety of investment options that meet your personal investment goals. Your contributions and any investment earnings are immediately vested, which means they belong to you and you can take them with you if you leave the company.

The company also makes a matching contribution of 100% of the first 3% you contribute to help your account grow faster. You become vested in company contributions after 3 years of vesting service.