401K Plan

Experitec offers a voluntary, salary reduction retirement plan to employees aged 21 and older. Upon eligibility, employees are automatically enrolled in the 401(k) plan at a rate of 3% of your salary. Your contribution will be placed in the Fidelity Freedom Fund appropriate to your retirement age. This amount is contributed as a pre-tax payroll deduction. The plan allows employees to elect a traditional 401(k) contribution or/and a Roth IRA contribution.

Experitec contributes to your retirement savings in two ways:
A 3% contribution of your annual compensation is made automatically, regardless of your participation in the plan. Additionally, Experitec will match 50 cents of each dollar you contribute up to 6% of your annual compensation. In total, the company will contribute up to 6% of your salary.