The 401(k) Plan

IMS offers an outstanding 401 (k) plan through Great West Life and Annuity Insurance Company.

Eligibility is the first of the month following 30 days of employment and at least 18 years of age. The employee may contribute any amount up to 15% of their pay on a before tax basis through payroll deduction with the current calendar year maximum. Numerous investment options are available to ma imize your retirement holdings.

Why should I participate in the 401k plan?

One of the best ways to save for retirement is a 401k plan. So you need to start saving now.

The money you put into your 401k comes out of your paycheck before state and federal income taxes are calculated. In fact, you may be able to save hundreds of dollars in your 401k each year without seeing a significant change in your take home pay.

You pay no current income tax on the earnings in your 401k, so your money grows faster than it would in a traditional savings account.

When do I become eligible?

The first day of the month, following 30 days of employment and at least 18 years of age.If I don’t join now, may I join later?
Yes, you may join later. Applications are accepted on the first of each month.What is the maximum deduction?

You may contribute as much as 15% of your gross pay or as little as 1%, with deductions being made from each paycheck. You may change the amount you save monthly.May I contribute a flat amount rather than a percentage?

Yes, we are able to accept contributions deducted from your paycheck as a flat amount or a percentage of gross pay.

How do I change the percentage I am contributing?

You must complete another application with the new percentage amount.

When am I vested?

Your contributions and earnings will be 100% vested. The company contributions are vested as follows:

Years of Service Vested Interest
1 20%
2 40%
3 60%
4 80%
5 100%

May I change my allocation of funds?

You may change the allocation of your funds between various investments at any time by calling Key Talk (800) 456.5112 provided by Great-West, or accessing your account through the Internet (www.gwla.com/benefits). Great-West Customer Service: (800) 338.401k

Does IMS accept rollovers?

We will accept rollovers from any qualified 401k plan when you are eligible to participate in the IMS Plan. Also, IMS will accept rollovers prior to the time you are otherwise eligible to participate in the plan. All rollovers are 100% vested.

What if I want to withdraw funds prior to retirement?

Other than retirement, plan contributions may be withdrawn in the event of:

• Death
• Loan
• Disability
• Termination of Employment
• Documenting a financial hardship as defined by the IRS.

What happens if I terminate employment with IMS?

IMS will allow you to keep your funds invested through the Plan if you choose, or you may withdraw your funds. If you withdraw your funds prior to retirement without a rollover to another qualified plan, you will be required to pay the taxes previously deferred as well as the IRS penalty.

What if I want to stop participating in the Plan?

You may stop contributing at any time. For instance, you may have worked for more than one employer during the calendar year and have almost met the IRS 401k limit for the year and need to notify us to stop your contributions.

All we need is a letter from you with the effective date that you want your contributions to the plan to discontinue.

I need personal assistance, who do I contact?

Call toll-free (800) 338.401k. Great-West Customer Service is available from 7:00 a.m. to 5:00 p.m. (Mountain Time), Monday through Friday.

or view the Great-West Website: www.gwrs.com

Or call Qualified Benefits, Inc., the Plan Administrator at (818) 594-4900. Ask for Shirley Parker.

Or e-mail / call your recruiter at (310) 822-2022.

Expect Success on every assignment with IMS, The West Coast's Foremost Resource Partner and Provider with almost 30 years of Strategic Problem Solving for Business and Government.

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