[et_pb_section fb_built="1" fullwidth="on" _builder_version="3.22" custom_padding="0|0px|0|0px|false|false"][et_pb_fullwidth_header subhead="401(k) Plan" background_overlay_color="rgba(255,255,255,0)" content_max_width="99%" content_max_width_tablet="70%" content_max_width_phone="74%" content_max_width_last_edited="on|phone" _builder_version="3.29.2" title_font_size="16px" title_letter_spacing="2px" title_line_height="1.2em" subhead_text_color="#48484a" subhead_font_size="48px" subhead_line_height="1.1em" background_color="#ffffff" use_background_color_gradient="on" background_color_gradient_start="rgba(255,255,255,0.6)" background_color_gradient_end="rgba(255,255,255,0)" background_color_gradient_direction="90deg" background_color_gradient_end_position="76%" background_color_gradient_overlays_image="on" background_image="http://www.ingrambenefits.com/wp-content/uploads/2019/09/sailing_401k.jpg" background_position="bottom_center" background_layout="light" custom_padding="7vw||7vw||true|false" custom_padding_tablet="" custom_padding_phone="3vw||3vw||true" custom_padding_last_edited="on|tablet" title_font_size_tablet="15px" title_font_size_phone="14px" title_font_size_last_edited="on|phone" subhead_font_size_tablet="37px" subhead_font_size_phone="30px" subhead_font_size_last_edited="on|desktop" custom_css_subtitle="font-weight: 700;" button_one_text_size__hover_enabled="off" button_two_text_size__hover_enabled="off" button_one_text_color__hover_enabled="off" button_two_text_color__hover_enabled="off" button_one_border_width__hover_enabled="off" button_two_border_width__hover_enabled="off" button_one_border_color__hover_enabled="off" button_two_border_color__hover_enabled="off" button_one_border_radius__hover_enabled="off" button_two_border_radius__hover_enabled="off" button_one_letter_spacing__hover_enabled="off" button_two_letter_spacing__hover_enabled="off" button_one_bg_color__hover_enabled="off" button_two_bg_color__hover_enabled="off"][/et_pb_fullwidth_header][/et_pb_section][et_pb_section fb_built="1" _builder_version="3.22" custom_padding="30px|16px||||"][et_pb_row column_structure="2_3,1_3" use_custom_gutter="on" gutter_width="2" _builder_version="3.25" background_size="initial" background_position="top_left" background_repeat="repeat" custom_padding="0px|||||"][et_pb_column type="2_3" module_class="basic_column_no_sideborder" _builder_version="3.25" custom_padding="|30px||" custom_padding_tablet="|15px||" custom_padding_phone="|0px||" custom_padding_last_edited="on|phone" custom_css_main_element="border-right: 2px dotted #d9d9d9;" padding_phone="|0px||" padding_tablet="|15px||" padding_last_edited="on|phone" custom_padding__hover="|||"][et_pb_text admin_label="Text -- INTRO copy reg." _builder_version="4.4.2" text_font="|300|||||||" text_text_color="#48484a" text_font_size="24px" text_line_height="32px" custom_margin="||20px|" custom_padding="||20px|" text_font_size_tablet="" text_font_size_phone="21px" text_font_size_last_edited="on|desktop" text_line_height_tablet="" text_line_height_phone="28px" text_line_height_last_edited="on|desktop" border_width_bottom="1px" border_color_bottom="#00529c" saved_tabs="all"]<p>Contributing to a 401(k) plan is one of the easiest ways to save and invest for your future.</p>[/et_pb_text][et_pb_toggle title="Key Features" open_toggle_background_color="#ffffff" closed_toggle_background_color="#ffffff" icon_color="#68bd45" admin_label="Toggle -- who is eligible" _builder_version="4.4.2" title_text_color="#8f8f8f" title_font="|700|||||||" title_font_size="20" title_line_height="1.2em" body_line_height="1.4em" custom_padding_tablet="" custom_padding_phone="|5px||5px|false|true" custom_padding_last_edited="on|phone" custom_css_toggle_icon="font-size: 34px;" border_width_all="0px" border_width_bottom="2px" border_style_bottom="dotted"]<ul>
<li>You are automatically enrolled at a rate of 5%</li>
<li>You may change your contribution percentage or opt out at any time</li>
<li>You choose whether to make your contributions on a pre-tax or Roth 401(k) basis</li>
<li>Your contributions are deposited into a personal retirement account</li>
<li>You decide how the funds are invested</li>
<li>If no investment options are selected, your money will be invested in a life path fund based on your year of birth and the approximate date you will retire (the fund assumes your retirement date is age 65)</li>
</ul>[/et_pb_toggle][et_pb_toggle title="Company Matching Contributions" open_toggle_background_color="#ffffff" closed_toggle_background_color="#ffffff" icon_color="#68bd45" admin_label="Toggle -- how do I contribute" _builder_version="4.4.2" title_text_color="#8f8f8f" title_font="|700|||||||" title_text_align="left" title_font_size="20" title_line_height="1.2em" body_line_height="1.4em" custom_margin="||21px|||" custom_padding="||||false|false" custom_padding_tablet="" custom_padding_phone="|5px||5px|false|true" custom_padding_last_edited="on|desktop" custom_css_toggle_icon="font-size: 34px;" border_width_all="0px" border_width_bottom="2px" border_style_bottom="dotted"]<p>Ingram pays you to participate, matching up to the first 5% of eligible compensation that you contribute.</p>
<p>Depending on your years of service as of January 1 each year, Ingram matches 50% to 100% (it’s like getting an automatic return of at least 50% on your 5% investment).</p>
<p>&nbsp;</p>
<table class="I_401k_table" style="border: none;" border="0" cellspacing="0" cellpadding="0">
<thead>
<tr>
<th>YOUR YEARS OF SERVICE</th>
<th>COMPANY MATCH</th>
</tr>
</thead>
<tbody>
<tr>
<td>Less than 5 years</td>
<td>50% of the first 5% of your eligible pay</td>
</tr>
<tr>
<td>5 to 9 years</td>
<td>75% of the first 5% of your eligible pay</td>
</tr>
<tr>
<td>10 years or more</td>
<td>100% of the first 5% of your eligible pay</td>
</tr>
</tbody>
</table>[/et_pb_toggle][et_pb_toggle title="Pre-tax vs. Roth 401(k) Contributions" open_toggle_background_color="#ffffff" closed_toggle_background_color="#ffffff" icon_color="#68bd45" admin_label="Toggle -- how do I contribute" _builder_version="4.4.2" title_text_color="#8f8f8f" title_font="|700|||||||" title_text_align="left" title_font_size="20" title_line_height="1.2em" body_line_height="1.4em" custom_margin="-5px||31px|||" custom_padding_tablet="" custom_padding_phone="|5px||5px|false|true" custom_padding_last_edited="on|phone" custom_css_toggle_icon="font-size: 34px;" border_width_all="0px" border_width_bottom="2px" border_style_bottom="dotted"]<ul>
<li><strong>Pre-tax:</strong> Contributions are made before taxes are withheld, reducing the amount of federal income tax you pay</li>
<li><strong>Roth 401(k):</strong> An after-tax option in which the earnings on your investments grow tax-free, provided certain requirements are met</li>
</ul>[/et_pb_toggle][et_pb_toggle title="Vesting" open_toggle_background_color="#ffffff" closed_toggle_background_color="#ffffff" icon_color="#68bd45" admin_label="Toggle -- vesting NEW mobile-friendly table" _builder_version="4.4.2" title_text_color="#8f8f8f" title_font="|700|||||||" title_text_align="left" title_font_size="20" title_line_height="1.2em" body_line_height="1.4em" custom_margin="-14px||35px|||" custom_padding_tablet="" custom_padding_phone="|5px||5px|false|false" custom_padding_last_edited="on|phone" custom_css_toggle_icon="font-size: 34px;" border_width_all="0px" border_width_bottom="2px" border_style_bottom="dotted"]<p>Vesting is when you attain ownership of the money in your 401(k) plan account that cannot be forfeited, even if you leave Ingram.</p>
<p>You are 100% vested in your own contributions to the plan and their earnings; you become vested in your Ingram matching contributions over time.</p>
<p>&nbsp;</p>
<table class="I_general_table I_401k_table2" style="border: none;" border="0" cellspacing="0" cellpadding="0">
<thead>
<tr>
<th>YOUR YEARS OF SERVICE</th>
<th>PERCENTAGE VESTED IN COMPANY MATCHING CONTRIBUTIONS</th>
</tr>
</thead>
<tbody>
<tr>
<td>Less than 2 years</td>
<td>0%</td>
</tr>
<tr>
<td>2 but less than 3</td>
<td>25%</td>
</tr>
<tr>
<td>3 but less than 4</td>
<td>50%</td>
</tr>
<tr>
<td>4 but less than 5</td>
<td>75%</td>
</tr>
<tr>
<td>5 or more</td>
<td>100%</td>
</tr>
</tbody>
</table>[/et_pb_toggle][et_pb_toggle title="Required Notices" open_toggle_background_color="#ffffff" closed_toggle_background_color="#ffffff" icon_color="#68bd45" admin_label="Toggle -- Required Plan Change Notices" _builder_version="4.4.2" title_text_color="#8f8f8f" title_font="|700|||||||" title_text_align="left" title_font_size="20" title_line_height="1.2em" body_line_height="1.4em" custom_margin="-14px||35px|||" custom_padding_tablet="" custom_padding_phone="|5px||5px|false|false" custom_padding_last_edited="on|phone" custom_css_toggle_icon="font-size: 34px;" border_width_all="0px" border_width_bottom="2px" border_style_bottom="dotted"]<ul>
<li><strong><a href="http://www.ingrambenefits.com/wp-content/uploads/2019/11/2018-Ingram-401k-Plan-SAR.pdf" target="_blank" rel="noopener noreferrer">Ingram 401(k) Plan Summary Annual Report</a></strong></li>
<li><strong><a href="http://www.ingrambenefits.com/wp-content/uploads/2019/11/2018-Ingram-401k-Plan-SAR.pdf" target="_blank" rel="noopener noreferrer">Ingram Marine Group Retirement Plan Summary Annual Report</a></strong></li>
<li><strong><a href="http://www.ingrambenefits.com/wp-content/uploads/2019/11/IN2302-401k-Plan-Part-Disc-Sept-2019.pdf" target="_blank" rel="noopener noreferrer">Ingram 401(k) Disclosure Document</a></strong></li>
<li><strong><a href="http://www.ingrambenefits.com/wp-content/uploads/2019/11/IN2305-IMG-Retirement-Plan-Part-Disc-Sept-2019.pdf" target="_blank" rel="noopener noreferrer">Ingram Marine Group Retirement Plan Disclosure Document</a></strong></li>
<li><strong><a href="http://www.ingrambenefits.com/wp-content/uploads/2019/11/401k-Annual-Notice.pdf" target="_blank" rel="noopener noreferrer">Ingram 401(k) Plan Annual Notice</a></strong></li>
<li><strong><a href="http://www.ingrambenefits.com/wp-content/uploads/2019/11/IMG-QDIA-Notice.pdf" target="_blank" rel="noopener noreferrer">Ingram Marine Group Retirement Plan Annual Notice </a></strong></li>
<li><strong><a href="http://www.ingrambenefits.com/wp-content/uploads/2019/12/American-Fund-Change-Notice.pdf" target="_blank" rel="noopener noreferrer">American Funds Summary Notification </a></strong></li>
<li><strong><a href="http://www.ingrambenefits.com/wp-content/uploads/2020/01/Ingram-401k-Fund-Chnage-Notice.pdf" target="_blank" rel="noopener noreferrer">Ingram 401(k) Plan Fund Change Notice </a></strong></li>
<li><strong><a href="http://www.ingrambenefits.com/wp-content/uploads/2020/01/Ingram-Marine-Group-Retirement-Plan-Fund-Change-Notice.pdf" target="_blank" rel="noopener noreferrer">Ingram Marine Group Retirement Plan Fund Change Notice</a></strong></li>
<li><strong><a href="http://www.ingrambenefits.com/wp-content/uploads/2020/01/Ingram-Deferred-Compensation-Plans-Investment-Plans-Fund-Change-Notice.doc" target="_blank" rel="noopener noreferrer">Ingram Deferred Compensation Plans Fund Change Notice</a></strong></li>
<li><strong><a href="http://www.ingrambenefits.com/wp-content/uploads/2020/01/Ingram-Marine-Group-Retirement-Plan-Fund-Fact-Sheet.pdf" target="_blank" rel="noopener noreferrer">Ingram 401(k) QDIA Notice </a></strong></li>
<li><strong><a href="http://www.ingrambenefits.com/wp-content/uploads/2020/01/Ingram-Marine-Group-Retirement-Plan-Fund-Fact-Sheet.pdf" target="_blank" rel="noopener noreferrer">Ingram Marine Group Retirement Plan QDIA Notice </a></strong></li>
<li><strong><a href="http://www.ingrambenefits.com/wp-content/uploads/2020/01/Vanguard-Target-Retirement-2015-Trust-II-Fund-Fact-Sheet.pdf" target="_blank" rel="noopener noreferrer">Vanguard Target Retirement 2015 Trust II Fund Fact Sheet </a></strong></li>
<li><strong><a href="http://www.ingrambenefits.com/wp-content/uploads/2020/01/Delaware-Small-Cap-Value-Fund-Class-R6-Fund-Fact-Sheet.pdf" target="_blank" rel="noopener noreferrer">Delaware Small Cap Value Fund (Class R6) Fund Fact Sheet </a></strong></li>
<li><strong><a href="http://www.ingrambenefits.com/wp-content/uploads/2020/04/401k-SPD-2019-11.pdf" target="_blank" rel="noopener noreferrer">Ingram 401(k) Plan SPD </a></strong></li>
<li><strong><a href="http://www.ingrambenefits.com/wp-content/uploads/2020/04/IMG-SPD-2019-11.pdf" target="_blank" rel="noopener noreferrer">Ingram Marine Group Retirement Plan SPD</a></strong></li>
</ul>[/et_pb_toggle][/et_pb_column][et_pb_column type="1_3" _builder_version="3.25" custom_padding="|||" custom_padding__hover="|||"][et_pb_text module_class="sidebar" _builder_version="4.4.2" text_font_size="15px" text_line_height="1.4em" ul_font_size="16px" header_3_font="|||on|||||" header_3_text_color="#235069" header_3_font_size="18px" header_3_line_height="1.2em" custom_padding="0px||10px||false|false" hover_enabled="0" border_color_top="#d9d9d9" border_style_top="none" saved_tabs="all"]<h3>Contact</h3>
<strong>John Hancock Retirement Plan Services</strong>
<a href="https://johnhancock.com/myplan" target="blank" rel="noopener noreferrer"><strong>johnhancock.com/myplan</strong></a>
<strong>800-294-3575</strong>

<strong>Ingram Pension &amp; 401(k) Department</strong>
<strong>800-876-7266</strong>[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]