Young Electric Sign Young Electric Sign CompanyCompany
Profit Sharing 401(k) Retirement Profit Sharing 401(k) Retirement Plan Plan
and Trustand Trust
• Smart$aveSmart$ave• Profit SharingProfit Sharing
YESCO Profit Sharing 401(k) YESCO Profit Sharing 401(k) Retirement Plan and TrustRetirement Plan and Trust
May access account daily via the Internethttp://retirementplan.wellsfargo.com or
Benefits Helpline 1-800-258-2715Customer Service Reps available Monday –Friday 6am – 9pm (MT)Statements mailed out Quarterly
SMART$AVE
1. WF Cash Investment Money Market2. PIMCO Low Duration Bond3. Vanguard Total Bond Market Index4. Dodge & Cox Stock5. Vanguard 500 Index6. Harbor Capital Appreciation7. Causeway International Value8. American EuroPacific Growth9. Royce Low-Priced Stock10. Invesco Small Cap Growth11. WF Advantage Dow Jones Target Date (Today – 2050)12. Self Directed Brokerage Window
PROFIT SHARING(YESCO Contribution Account)
Funds invested by Trustees of the Plan
in various investments including
employer qualified real estate
Match
YESCOCONTRIBUTION
YOUR CONTRIBUTIONS
DAY 1DAY 1
NEW EMPLOYEE TOOL KIT GUIDE• Receive Plan Highlights with Fund Options•Summary Plan Description
Complete Form “G”•Beneficiary Designation
Rollovers: If a employee wishes to rollover funds into the plan. Refer employee to the Benefits Helpline 1 800-258-2715 to speak with a Customer Service Rep and request a “Rollover Declaration Form”
Ineligible•employees having outside retirement plan to which YESCO contributes•employees under age 20 1/2
3 MONTH EMPLOYEE3 MONTH EMPLOYEE
Smart$aveAuto Enrollment
Employee will receive a “What if….” Enrollment Kit from Wells Fargo 30-days prior to becoming eligible to participate.
All eligible employees are auto-enrolled at 2% pre-tax with instructions on how to increase contribution rate,
change investment options, or decline participationvia the Internet or thru the Benefits Helpline.
• must be 20 ½ years old by this date to participate
• If employee is not 20 ½ years old after 3 months of employment – they will receive
the “What if….” Enrollment Kit just before they become eligible to participate.
PROFIT SHARING PROFIT SHARING (YESCO Contribution Account)(YESCO Contribution Account)
JANUARY 1 EACH YEARJANUARY 1 EACH YEAR
Employee automatically enrolledupon meeting the following
requirements:
•must be employed 6 months prior to this anniversary date•must be 20 1/2 years old
1ST QUARTER
Profit Sharing Contributions
posted to Employee Accounts
YESCO
Contribution
Smart$ave Match
FORMSFORM G
BENEFICIARY DESIGNATION
FORM 153
INSTALLMENT DISTRIBUTION REQUEST
ALL OTHER REQUESTS ARE DONE VIA THE INTERNET http://retirementplan.wellsfargo.com
OR THE BENEFITS HELPLINE 1-800-258-2715
PAYMENT OF BENEFITS
401(K)
DEFERRAL
CONTRIBUTION
ACCOUNT
MATCHING CONTRIBUTION
AND
YESCO CONTRIBUTION ACCOUNT
Both Subject to Vesting Schedule
PRIOR TO TERMINATION OF
EMPLOYMENT
Available through Loan Provision and thereafter through Hardship
Withdrawal Provision
When participant has rollover funds in account – may receive 1
distribution per year
Age 65 Inservice
NOT
AVAILABLE
AFTER
TERMINATION
OF
EMPLOYMENT
Available as soon as administratively possible following separation date.
Forfeiture of earnings
may apply
Matching Contribution:
Available as soon as administratively possible following separation date.
YESCO Contribution:
Accrued Benefit not exceeding $5,000
Available as soon as administratively possible following separation date.
Accrued Benefit exceeding $5,000
Available after age 60 in installment payments or through Hardship and Disability Provisions
IRS penalties may apply to any distribution taken prior to reaching age 59 1/2
RETIREMENT
PROFIT SHARING
(YESCO Contribution Account)
•Installment Payments
•Complete Form 153
•Accounts less than $5,000 can receive a lump-sum distribution. Employee has option to receive distribution after annual earnings / loses of the Real Estate are allocated. Distribution requests are done through the Internet or Benefits Helpline.
• Can receive distributions at age 60
SMART$AVE
•Distributions available in lump-sum distribution
•Installment Payments
• Receive distributions at 59 1/2 without Penalties
TERMINATION
VESTING
6 year graded vesting on Profit Sharing (YESCO Contribution Account) and
Smart$ave Match
1 year 0%
2 years 20%
3 years 40%
4 years 60%
5 years 80%
6 years 100%
100% vested at all times in your Smart$ave Deferral Account
100% vested in Roll-over Account
100% vested if due to Death, Disability or reach age 65 – Retirement Age
See Summary Plan Description
RE-EMPLOYMENT
Cash Out RuleIf you terminate employment and forfeit your unvested
account balance and then return to work within five (5) years (approximately, see Summary Plan Description and
Forfeiture Break In Service Rule) then you may have the Plan restore your “cash out” forfeiture funds.
Keep actual Rehire Date in Ceridian for provider to determine recapture and eligibility rules that
apply to employee
History ofPROFIT SHARING
AnnualRate
ofReturn
History of Smart$ave Match
Our goal is to provide at least a 10% match for each dollar an employee contributes each year.
RESOURCES
• Fact Sheets / Prospectus– Following Performance of Funds
• Books or Publications– SmartMoney
– Selecting Investments for Your Retirement Account
– Understanding Asset Allocation
• Web Sites– http://retirementplan.wellsfargo.com
– www.SmartMoney.com
– www.Motleyfool.com