401(k) Retirement Plan
401(k) Retirement Savings Plan administered by Principal
401(k) Retirement Plan
Plan Details
| Feature | Detail |
|---|---|
| Available | Yes |
| Plan Name | C&S Chemicals 401(k) Plan |
| Provider | Principal Financial |
| Recordkeeper Access | principal.com (existing users) | principal.com/welcome (first-time users) |
| Contribution Types | Pre-tax elective deferrals and Roth elective deferrals |
| Roth Available | Yes |
Available
DetailYes
Plan Name
DetailC&S Chemicals 401(k) Plan
Provider
DetailPrincipal Financial
Recordkeeper Access
Detailprincipal.com (existing users) | principal.com/welcome (first-time users)
Contribution Types
DetailPre-tax elective deferrals and Roth elective deferrals
Roth Available
DetailYes
Eligibility
| Requirement | Detail |
|---|---|
| Age Requirement | 19 or older |
| Service Requirement | 30 days of entry service |
| Part-Time Employees | Must work 1,000 hours to participate |
Age Requirement
Detail19 or older
Service Requirement
Detail30 days of entry service
Part-Time Employees
DetailMust work 1,000 hours to participate
Automatic Enrollment
| Feature | Detail |
|---|---|
| Default Deferral Rate | 1% for new hires starting 2026 |
| Maximum Deferral | Up to 100% of pay |
| Change or Opt Out | Anytime at principal.com |
Default Deferral Rate
Detail1% for new hires starting 2026
Maximum Deferral
DetailUp to 100% of pay
Change or Opt Out
DetailAnytime at principal.com
Employer Match (Safe Harbor)
| Match Tier | Details |
|---|---|
| 100% Match | On the first 3% of pay deferred |
| 50% Match | On deferrals between 3% and 5% of pay |
| Vesting | 100% immediate vesting on matching contributions |
100% Match
DetailsOn the first 3% of pay deferred
50% Match
DetailsOn deferrals between 3% and 5% of pay
Vesting
Details100% immediate vesting on matching contributions
Irs Limits And Catch Up
- Defer up to 100% of pay, subject to IRS annual limits
- Catch-up contributions available for employees age 50+ by year-end
Vesting
- 100% immediate vesting on employee elective deferrals
- 100% immediate vesting on employer matching contributions (Safe Harbor plan)
- Manage your account anytime at principal.com
Rollovers Loans And Withdrawals
- Rollover assistance - contact Principal Financial at 800-547-7754
- Loan and hardship withdrawal rules - refer to plan documents or contact Principal Financial
Financial Coaching
- Access to a range of financial education services
- Dedicated Financial Wellness Consultant
- Personalized guidance to help you reach your financial goals
Principal Financial - 401(k)