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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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