1. Employee Records
1.1. Employee Hire Records
1.2. Hourly Employee Manual
1.3. Salaried Employee Manual
1.4. Supplemental
1.4.1. Understanding Annual W-2
1.4.2. Designated Beneficiary
1.4.3. Contract Employees
2. Payroll Processing -Policies
2.1. Time in a Box Clock
2.2. Salaried Policy & Procedures
2.3. Departments
2.4. Employment Termination
3. Employee Benefits
3.1. Voluntary Employee Insurance
3.2. Cafeteria Plan (IRC Section 125)
3.3. Savings Program
3.4. Garnishments
3.5. 401K Program
• Pension Protection Act of 2006
3.6. Charities
4. Employee Safety
4.1. Policies
4.2. Substance Abuse
4.3. Mandated Documentation
4.3.1. First Injury Report
4.3.2. OSHA Log
4.3.3. Worker’s Right to Know Act
4.4. Worker’s Compensation
4.5. Safety Committee
5. Records
5.1. Government Poster Requirements
5.2. Maintenance of Short-Term Documents
5.3. Archive Maintenance
COMPANY INTRANET
RETIREMENT
Benefits > Retirement
After 1 year of continuous service, employees may participate in the company’s 401k Retirement
Plan. The company provide a 50% match of employee deferals (up to 5% deferral). A wide range of
investment options are provided through John Hancock USA
Employees are SOLELY responsible
for the management of their investment
accounts
John Hancock has the appropriate forms, maintains
extensive Internet services, and has direct telephone
access for employees to check and revise their
investments.
Details
Entry/Change Dates: Quarterly (Jan, Apr, Jul, Oct)
Deferal: From 1% of salary to IRS Limits
Investment Options: Extensive through John Hancock
Loans permitted against 401k: NO
Withdrawal: Separation, Retirement, Death, Disability,
Hardship
2015 Limits
401(k) Salary Deferral Limit - $18,000 per year
Catch-up Contributions (for Participants age 50 and older
at any time during 2015) - $6,000 per year
Compensation Limit - Limited to $265,000
Defined Contribution Plan Limit
- Maximum annual contributions/forfeitures to any
participant is the lesser of $53,000 or 100% of
compensation.
Taxable Wage Base - $118,500
Definition of Highly Compensated Employee
(1) Greater than 5% owner and lineal ascendants or descendants
(2) Compensation in excess of $120,000 in yr
Definition of Key Employee
(1) Greater than 1% owner earning $150,000 or more in yr
(2) Officer earning $170,000 or more in yr
Previous Annual Limits*
Crane Interiors 401K Plan
Trustees: (615) 563-4800
- Larry Bucklin,
- Tom Evans,
- Cindy Bryan
Advisors: (615) 734-.6012
- TN First National Bank
Ryan J. Belwood, AIF®,CRC®
Vice President, Corporate Retirement Plans
Administrator: (615) 309-9900
- Access Retirement Services
Kaye Steele
Investments: John Hancock
- Toll Free FAX Numbers
Enroll Forms (866) 377-8846
Other (866) 377-9577
Notices and Forms
John Hancock Rollover Guide
2014 Qualified Default Investment Alternative*
2013 Summary Annual Report*
2014 Summary Annual Report*
Company involvement with employee retirement
investments is limited to distributing forms provided by
John Hancock, telephone numbers, and, if necessary
showing, employees how to access their records on the
Internet.