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Automatic 401(k) Plan Enrollment for New Employees

Vendor Connect on Aug 29, 2016 8:54:44 AM

New HCA employees are automatically enrolled in the HCA 401(k) Plan on the first day following two months of service. The contribution amount will begin at 3% of pay and will be invested in the Pre-Mixed 25-To-Go Fund. Contribution rates will automatically increase by 1% each January (up to 15%), unless the employee opts out of this feature. Employees can change their contribution amount and investment election at any time.

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Topics: HCA Benefits Spotlight

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