 | The qualified 401(k) plan at MATRIX is administered through Great-West and includes several investment options. Participants can contribute 2-50% per pay period with a maximum of $16,500. Employees are eligible to enter or make changes to the plan at any time by logging into Self Service, and using the “401(k) Elections” link in the “Benefits” section. Participants must make their investment allocations separately, using the Great-West Web site. If no allocations are selected, contributions will be deposited into the Guaranteed Portfolio Fund.
Employees age 50 or over may contribute up to an additional $5,500 in the form of a catch-up contribution.
Employees have the choice of contributing traditional (pre-tax) or Roth (post-tax) dollars. Participants may do any combination of the two methods, up to the IRS maximum of $16,500 (plus the $5,500 catch-up contribution for those age 50 and over). To learn more about the new Roth 401(k) option click here. You may also call Great-West at 800-338-4015 and speak to a Retirement Plan Specialist.
If you would like to roll over qualified funds from another 401(k), please submit the 401(k) Roll Over Form accompanied by the roll over check.
Discover the advantages of Great-West's 401(k) Web site. Access and manage your 401(k) account online by:
- Checking your account balance and your contribution history
- Redirecting ongoing contributions
- Transferring among investment options
- Trying our retirement planner
- Testing your knowledge about 401(k) plans
- Reviewing strategies for smart investing
- Learning more about your investment options
- Discovering how a 401(k) can help you meet your retirement needs
- And much more
If you are a prospective participant, you may view fund and plan information online by logging in as a "guest" with our Plan Number: 930108-01.
Make sure you have your Social Security and Personal Identification Number (PIN) ready. If you don't know your PIN, call (800) 338-4015 to request a new one.
A Self-Directed Brokerage option is offered through Great West and Ameritrade. Please click here or call Great West to learn more.
Former employees may roll their MATRIX 401(k) balances into another plan or IRA, or take a distribution using the distribution form. Before making a decision on how to receive your plan benefits, consider the information provided by the IRS in this special tax notice.
To view the Summary Plan Description for the MATRIX 401(k) Plan, click here.
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