401K Retirement Plan

Tax Deferred Payroll Investment 401 (k) and Roth 401K

In addition to the pension plan, employees may participate in the Diocesan Tax Deferred Payroll Investment 401(k) Plan. This plan allows full time and part time employees  to participate in tax deferred investments or post tax investments under Internal Revenue Code Section 401(k). This section allows employees to invest a portion of their pre-tax pay in tax deferred investment programs or their post-tax pay in 401K Roth accounts that will be tax free when they are accessed in retirement. Within allowable limits, the employee may specify the amount or a percentage of his/her pay to be contributed to the program, and authorize the Employer to withhold such amount from his/her paycheck, and remit it to the program. The Diocese 401(k) program is administered by IOI Payroll System and managed by UBS with oversight by Concord Advisory Group, LTD.

Further information about this program is available in the Human Resources Office. For more information, see the Summary Plan Document and/or the 401K Enrollment Booklet.

401K and Roth 401K Contribution Change Form

401K / Roth 401k

Registration and Changes:

Chris Chiaro, KB Pension Services at 941-953-7452 or cchiaro@kbgrp.com

John Benitoa, VP, Wealth Management, UBS at 813-903-6681 or john.benitoa@ubs.com

Choosing Your Investments for your Plan

Ryan Brannon, UBS at 813-903-6694 or ryan.brannon@ubs.com