September - Harley Marine Services, Inc.
September - Harley Marine Services, Inc.
September - Harley Marine Services, Inc.
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<strong>Harley</strong> <strong>Marine</strong> <strong>Services</strong><br />
Safe, Responsible, Reliable, Efficient<br />
<strong>September</strong> 2012<br />
401k Open Enrollment<br />
The open enrollment period for October 2012 has arrived. As a<br />
reminder, changes that were implemented to the 401(k) program this<br />
year are:<br />
• Eligibility: The service requirement to be eligible for<br />
enrollment is three months of company service.<br />
• Entry: Plan enrollment entry points are now quarterly.<br />
• Company Match: New participants will receive the company<br />
match at the first day of the quarter after the employee’s one<br />
year anniversary.<br />
• Roth: You now have the ability to save into your retirement<br />
plan on an after-tax basis. You can continue to save on a<br />
before-tax basis or specify a combination of before and after-tax<br />
contributions.<br />
Administrative Questions<br />
If you have questions regarding<br />
your quarterly statement,<br />
participant website, or plan<br />
provisions, please contact your<br />
plan administrator:<br />
Moran Knobel<br />
www.moranknobel.com<br />
425-451-9389<br />
1-800-822-9205<br />
Investment Education<br />
Melody Prescott with Kibble & Prentice is our education specialist. She<br />
is available to help you plan for retirement, discuss investment options<br />
and provide advice over the telephone. Please free to contact her at<br />
206-676-7421 or 800-767-0650 Ext 67421, or via email:<br />
melody.prescott@kpcom.com<br />
Open Enrollment<br />
Human Resources recently mailed out packets to new employees,<br />
including all necessary forms. For those currently participating and/or<br />
eligible employees, the 401(k) informational packets can be located on<br />
the PAF system, including deferral and beneficiary forms. The packets<br />
include updated educational material and information regarding<br />
investment options.<br />
Please remember open enrollment is the only time you can change<br />
your deferral amount. You may change your investment elections<br />
anytime online at www.moranknobel.com. The deadline for returning<br />
forms to your local HR representative is Tuesday, <strong>September</strong> 25 th , 2012.<br />
Due to administrative constraints, any forms turned in after the<br />
deadline will not be processed and you will have to enroll during the<br />
next open enrollment in January 2013. For additional information or<br />
questions on the 401(k) program, please contact your HR<br />
Representative anytime at 206-628-0051.<br />
Investment Questions<br />
If you have questions or need<br />
guidance with the fund options in<br />
your retirement plan, please<br />
contact your plan education<br />
specialist:<br />
Kibble & Prentice<br />
Melody Prescott<br />
1-206-676-7421<br />
melody.prescott@kpcom.com<br />
Plan Eligibility<br />
You are eligible to enter your<br />
retirement plan if you are age 21<br />
or older, and have completed 3<br />
months of service.<br />
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