401(k) Retirement Plan

Tel Hai offers a 401(k) retirement savings plan with Traditional (pre-tax) and Roth (after-tax) contribution options to help team members save for retirement. After completing 12 months of service and at least 1,000 hours worked, you become eligible for up to a 4% company match based on the amount you contribute. It's one of the easiest ways to boost your retirement savings because Tel Hai contributes, too.

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Who can contribute to a 401(k)?

Full-time team members age 18 or older are automatically enrolled unless an opt-out form is submitted through Human Resources.

 

Part-time team members age 18 or older become eligible to participate after completing 167 hours of work in two consecutive months or 1,000 hours of service within one year. Please contact Human Resources for enrollment information.