savings plan

• On your date of hire.

• Auto enrollment. If you don't enroll in the Savings Plan when you are first eligible, you will be automatically enrolled in the plan with a pre-tax contribution of 5% of your pay. You may stop or make changes to your contributions at any time.
• To enroll, stop or make changes in your contribution amounts, log on to Fidelity NetBenefits or call 800-835-5095.

• Contribute a percentage of your pay on a pre-tax basis, Roth basis, after-tax basis or any combination.
• You may contribute:
  • 1% to 75% of your pay on a pre-tax or Roth basis.
  • 1% to 10% of your pay on an after-tax basis.
• 2016 IRS annual contribution limit:  $18,000 (pre-tax and Roth).
• Catch-up contribution: $6,000, if you are age 50 or older during 2016.

• Matching Contribution: CRC contributes:
  • Two dollars for each dollar you contribute up to 4% of eligible pay
    plus
  • One dollar for each dollar you contribute of the next 3% of eligible pay.
    
    That means you can receive a matching contribution of 7% of your pay if you contribute at least 5% of your pay.
• Retirement Contribution: CRC makes a retirement contribution even if you don't contribute. The contribution is based on a percentage of pay:
• 7% of pay up to Social Security Wage Base.
• 12% of pay over Social Security Wage Base.

• Your Contributions: You are always 100% vested in your contributions.
• Matching Contributions: You are 100% vested as soon as the contribution is put into your account.
• Retirement Contributions: You are 100% vested after three years of CRC service.

• Invest among a variety of investment funds, each offering a different risk and return profile. Find investment fund details on Fidelity NetBenefits.

• Loans and withdrawals are available, subject to plan restrictions.
• Your entire account balance remains tax-deferred until you request a distribution.
• You (or your designated beneficiary, in the event of your death) may request a distribution of your vested balance when you leave CRC or reach age 62.

The Savings Plan accepts eligible rollovers from other employers’ qualified plans. If you're interested in rolling over any accounts you have from prior employers, contact Fidelity for instructions.