SSBLS Employees' Profit Sharing Plan

This webpage and the links herein provide information and disclosures in regard to the Stoll Stoll Berne Lokting & Shlachter P.C. Employees’ Profit Sharing Plan.  Please see the information below:

Eligibility, Plan Documents and New Enrollment Information

Upon the completion of one month of service as a regular emplyee with Stoll Berne, an employee becomes eligible to participate in the Employees’ Profit Sharing Plan.  Please review the Summary Plan Document and Amendments for a description of the Plan.

To enroll in the Plan, you need to complete the following:

1. Summary Plan Receipt Form;
2. Enrollment Form; and
3. Designation of Beneficiary Form.

Enrollment will become effective on the 1st of the next month following the completion and submission of these documents to the Executive Director.  Please hand in your forms at least one week prior to the end of the month to allow enrollment to commence at the beginning of the next month.

Please note that voting rights are not passed through to participants as the 401(k) plan funds are pooled together.  The Trustees reserve the right to exercise or not exercise votes on behalf of the plan.

How to make changes to your 401(k) investments

To make changes to your plan, you need to complete the Change Form.

Changes will become effective on the 1st of the next quarter following the completion and submission of the Change Form to the Executive Director.  Please hand in your form at least two weeks prior to the end of the quarter to allow such changes to be made to your plan.

You may cancel your salary deferrals at any time, but can only make changes to the amount of the deferral, reallocate your funds, or re-enroll on a quarterly basis.

To change your listed beneficiaries, please complete the Beneficiary Change Form and return it to the Executive Director.

401(k) Investment Options

The Plan provides you with the option to invest funds deducted from your pay check before taxes (401(k)) or after taxes (Roth 401(k)).  The funds in which you can choose to invest include:

1.  Frank Russell LifePoints

a. Equity Growth Strategy Fund R1 (RELRX)
b. Growth Strategy Fund R1 (RALRX)
c. Balanced Strategy Fund R1 (RBLRX)
d. Moderate Strategy Fund R1 (RMLRX)
e. Conservative Strategy Fund R1 (RCLRX)

2. Vanguard Funds

a. Vanguard LifeStrategy Moderate Growth (VSMGX)
b. Vanguard LifeStrategy Growth (VASGX)
c. Vanguard Total Stock Market Index (VTSAX)
d. Vanguard Total World Stock Index (VTWSX)

3. American Century Short Term Government Fund (TWUSX)

4. Vanguard Prime Money Market (VMMXX)


Please refer to the links and section below, which provide performance, benchmarks and fee disclosures for each fund, before enrolling in the Plan or making changes to your deferrals.

Annual Reports and Disclosures:

Twelve Month Performance and Benchmarks through 6/30/16
Five Year Performance and Benchmarks through 6/30/16
Ten Year Performance and Benchmarks through 6/30/16
Fees and Expenses disclosed 8/31/16
Administrative Fees disclosed 6/30/16

Miscellaneous Documents

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Summary

For further information, please contact Stoll Berne’s Executive Director.

(Last updated on August 3, 2017.)