401K Plan

After 6 months of employment, employees are eligible to participate in the Sovran 401(k) Retirement Plan. The plan, currently administered by Principal Financial, allows employees to save between 1% and 25% of their pay, either pre-tax or through a Roth, for retirement. In addition, Uncle Bob's will match 25% of an employee's contribution up to the first 4% of his/her gross wages. Choose from over 22 investment options with access to an investment advisor. The plan offers a 3-year vesting schedule in company contributions.