Sargent & Lundy Savings Investment Plan


CONTRIBUTION LIMITS FOR 2009/2010


The contribution limits for 2009/2010 are:

Pretax 401(k) and/or Roth 401(k) - $16,500
Pretax Catch-up and/or Roth Catch-up - $5,500
( This deduction is only available to those employees who are age 50 and over (or will be age 50 by December 31)

Total Contribution - $49,000 or 100% of S&L wages, whichever is less
( Be aware: This includes all pretax 401(k), Roth 401(k), after-tax SIP, employer matching and employer non-matching contributions. The pretax catch-up/Roth catch-up is not included in this limit. It is the employee's responsibility to select a deduction percentage that will ensure an employer match for each paycheck, if eligible)

Payroll Deductions
Pretax 401(k) - up to 65%
Roth 401(k) - up to 65%
Pretax Catch-up - up to 35%
Roth Catch-up - up to 35%
After-tax - up to 45%

This page updated on 10/28/2009

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