WPH 403(b) Defined Contribution Retirement Program
Who is eligible to join the plan?
All employees may join the plan to make employee contributions. In addition, an employer non-elective contribution is provided to all full-time and part-time employees except the following:
- 1199 employees covered by a collective bargaining agreement
- Per-diem employees
- Non-resident aliens with no U.S. earned income
When will I join the plan?
All employees may begin to make salary deferral elections immediately. Eligible employees will begin to receive the nonelective employer contribution following one year of employment (from date of hire).
How do I enroll?
All newly hired employees will automatically be enrolled at a 6% tax-deferred contribution rate which will start after a 30-day opt-out period. Each year thereafter, (after January 1) your contributions will escalate by 1% until you reach a deferral rate of 15%.
Employees are encouraged to register for online account access at EmpowerMyRetirement.com. Once registered you can access Empower’s financial planning tools, make deferral and investment elections/changes, track your balance and make your beneficiary designation. Otherwise, please call Empower at 866-467-7756 for assistance.
Benefits Information, All in One Place
Log in to HealthyMeBenefitsEnroll.com to securely access your personal benefits information, review your current coverage, find plan documents and make changes after a qualifying life event. If you need help finding information or understanding your benefits, ask Sofia, your personal benefits assistant.