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After one year of service with Reliant, you will be eligible to participate in the 401(k) plan.
Reliant will automatically enroll you in the 401(k) plan starting at $50 per month, and deposit it into a 401(k) retirement savings account with the Principal Financial Group. On the next corresponding quarterly enrollment date after your one-year anniversary, Reliant will enroll you on the Principal website and send you an enrollment email confirmation with further instructions.
If you were hired between... | Then your enrollment date will be as of... | And will be deducted starting with this payroll... |
|---|---|---|
| January 1 - March 31 | April 1st | April 15th |
| April 1 - June 30 | July 1st | July 15th |
| July 1 - September 30 | October 1st | October 15th |
| October 1 - December 31 | January 1st | January 15th |
Once you receive your enrollment confirmation, you will have the option to log on to Principal.com and change your contribution amount at any time. If you submit a change before the 20th of a month, that change will be reflected on your next payroll.
