Important 401(k) Investment Change Update

For important information about investment changes to your plan, please click here.


Welcome to Your Barry-Wehmiller Companies, Inc. 401(k) Plan

Welcome to Transamerica Retirement Solutions and your online resource for details about your retirement plan. We're a nationally recognized leader with more than 75 years' experience managing retirement plans for employers like Barry-Wehmiller. Our singular goal is to help you meet your goals—both to and throughout retirement—with automated tools, solutions, and services that evolve to meet your changing needs.

 

How Your Match Works

Contributing to the 401(k) plan is one of the best ways to save for your future whether you contribute on a pretax basis or after-tax through the Roth 401(k) feature. Don't let this opportunity pass you by!

The company match for the 2016 calendar year will be based on the formula below:

  • 100% of elective associate contributions up to 3% of compensation, plus
  • 50% of elective associate contributions from 3-4% of compensation.

These safe harbor company matching contributions will also continue to be 100% vested, along with current company matching contributions.


2016 Contribution Limits

The IRS has formally announced the 2016 contribution limits for retirement plans.

  • You may contribute up to $18,000 in 2016.
  • If you are or will be age 50 by December 31, 2016, a catch-up provision allows you to contribute an additional $6,000 in 2016.
  • Click here for additional information on limits for 2016 and the previous two years.

Making the Most of Your Plan

Have Questions?

Call Transamerica at 800-755-5801. to speak with us directly. Representatives are available Monday – Friday, 7 a.m. – 8 p.m. CT