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No, you do not have to sign in using the social account feature. This is an additional way to log in to your account.

We changed our login process to improve the security of your account, enhance user experience, and simplify password reset.

You have two options:

1. You can log in with the username and password you previously used.
2. You can follow the steps to link your previous account to Google account login.
   1. 1. Visit: Slavic401k.com and click Log In in the toolbar 2. Click Participant Portal button 3. Select Continue with Google 4. Follow the steps to sign in to your Google account 5. Provide your DOB, last 5 of SSN and zip code 6. Click the Continue button

No, you do not have to create a new account. You can log in with your current username and password.

When you withdraw your balance from a retirement account, a portion of the money is required to be sent to the IRS for taxes on your distribution. This is called tax withholding. If you are requesting a distribution from your account, you may want to consider how tax withholding will impact the payment you receive. A net or gross distribution refers to the way that taxes are applied to a payment.

• Net is the amount of cash remaining after all taxes have been applied.
• Gross is the amount of cash before any taxes have been applied.

For more information on this topic, please read What is a Net vs. Gross Distribution in our Support Center.

Employer contribution requirement: Employers must make either a safe harbor matching contribution or a safe harbor non‐elective contribution.

• A matching contribution must equal at least 4% of compensation by using either: the basic formula or enhanced formula. Basic formula 100% of the first 3% of compensation plus 50% of the next 2% of compensation Or Enhanced formula 100% of the first 4% of compensation Elective contributions more than 6% cannot be matched. This does not mean that the match amount cannot exceed 6% of compensation only that deferrals more than 6% cannot be matched. So, a safe harbor matching contribution equal to 200% of 5% is allowed.
• A non‐elective contribution (profit sharing contribution) that equals at least 3% of the employee’s eligible compensation for the plan year. A contribution greater than 3% is allowed.

Vesting Requirement: Safe harbor contributions must be 100% vested. Notice Requirement: Each participant must receive a written notice describing the safe harbor options the employer will use for the plan year 30 days in advance and annually thereafter. According to the SECURE Act, no need for safe harbor notices for non‐elective plans including QACA non‐elective plans. Adoption Requirement: The Internal Revenue Service (IRS) requires the first plan year of a newly established safe harbor 401(k) plan (other than a successor plan) to be at least 3 months long. Exception: Employer Created Within Last 3 Months of the Year The initial year of a safe harbor 401(k) plan can be shorter than 3 months in the case of a newly established employer if the business establishes the plan as soon as administratively feasible after the employer comes into existence. For example, New Biz is incorporated on November 1, 2019. New Biz can establish a safe harbor 401(k) plan that operates for the last 2 months of 2019. An employer with an existing non‐safe harbor plan must make the election to adopt a safe harbor plan design before December 1st in the year preceding the safe harbor plan year. Safe harbor provisions must be in effect for 12 months (effective January 1st). Exception: The SECURE Act permits employers to add a safe harbor feature to their existing 401(k) plans once the year has started if they contribute at least 4 percent of employees' pay instead of the regular 3 percent. This flexibility will help employers to correct failed ADP/ACP or top‐heavy tests by shifting to a safe harbor plan and making a 4 percent nonelective contribution to participants. Distribution Restrictions: Safe harbor contributions cannot be distributed before an employee terminates employment or reaches age 59 ½.

Employers can avoid non-discrimination testing (ADP, ACP and Top Heavy) by adopting a safe harbor 401(k) plan. Adopting a safe harbor plan allows highly compensated employees (HCEs) and key employees of the company to contribute the maximum amount allowed by law.

Adoption Agreement – this document includes: effective date of the plan, age, and service requirements, matching contribution formula if any, profit sharing allocation formula if any, and vesting schedule. Safe Harbor Addendum – required only if the company adopts a safe harbor plan design. This document will specify the type of safe harbor contribution for the plan. Plan Evaluation Survey – includes information about company ownership, lineal relatives, highly compensated employees (HCEs), officers of the company, prior plans sponsored, and ownership of other companies. Board Resolution – official document indicating the owners/officers of the company are authorizing the adoption of the plan. 401(k) Disclosure Statement – discloses certain information regarding compliance testing, fees, and choices that may be more suitable for the company instead of a 401(k) plan. Census Information – a list of all active employees is required including their name, date of birth, date of hire, social security number, and annual compensation.