Retirement

One of the best ways to ensure a secure retirement is to start saving as early as possible. Our 401(k) savings plan allows you to save for retirement on a pretax basis. You can begin contributing to the plan at any time once you become eligible and start making contributions to your account through convenient payroll deductions.

Plan Information

Plan Name: XXXX

Policy Number: #XXXX

Effective Date: XX/XX/XXXX

Network: XXXX

Who is Eligible for the 401(k)?

All US-based employees over the age of 18 are eligible to participate in the company’s retirement savings plan.

How Do I Enroll in the 401(k)?

You can enroll in the retirement savings plan by visiting your plan provider’s website and registering with your personal information. Once registered, you’ll be able to select your contribution percentage.

Increase Your Retirement Savings with a 401(k)

  • Blue Diamond Growers will match your contribution for each dollar you contribute to the plan, up to the first 3% — and 50% on the next
    3%     (for a maximum employer match of 4.5% on the first 6% of eligible pay).     
  • Contribute using convenient payroll deductions up to the IRS limit of $23,500 per year.
  • Change the amount of your contributions or stop your payroll contributions at any time.
  • Decide how to invest your 401(k) or allow the plan to choose for you.
  • The 401(k) contribution limit for employees age 50 or older is $31,000 in 2025.