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401K Auto-Enrollment Rescission

Due to the responses to the auto-enrollment notice that we discussed a few months ago, we have decided to not introduce that option at this time for the 401k Plan for our company.  We did have a number of associates newly enroll in the plan as an active participant as part of this effort, and we will be honoring those enrollments starting in January 2011. 

If you did have an interest in participating in the 401k plan as an auto-enrollee at 4%, you still have time to enroll online at www.principal.com by using the Plan contract # 7-05090.
Please remember that you also have the opportunities to enroll or make changes to your contributions monthly online.
Thank you for your cooperation these past few months. Please contact 401k Administration if you have any questions.
Posted in: Employees