401K Retirement Plans

Beyond Spots & Dots encourages employees to plan for retirement and offers full-time employees the opportunity to invest in a 401K Plan.

• Tax-deferred growth
• Reduces current taxable earnings while saving for retirement
• An LPL Financial advisor to give advice
• Employee directed investments
• Defer the amount of your salary with which you are comfortable
• Full-time eligible employees may contribute to both a traditional 401K and Roth 401K at the same time

• 4% match in total between Traditional 401K and Roth 401K plans: 100% on the first 3%, 50% on the next 2% (To receive full 4% match, the employee must defer 5%)
• Matching contributions are only made to employees who participate in 401K plan
• Company matched funds 100% invested immediately
• Must be 21 years of age to participate
• Enrollment: Monthly. First Date of next month employee meets participation requirements
• Stop deferrals at any time
• Previous retirement plan balances can be rolled over into 401K

• Contribute after-tax dollars
• Contributions and earnings are tax and penalty-free.
• An LPL Financial advisor to give advice
• Employee directed investments
• Contribute the amount of your salary you are comfortable with
• Full-time eligible employees may contribute to both a traditional 401K and Roth 401K at the same time

• 4% match in total between both Traditional 401K and Roth 401K plans: 100% on the first 3%, 50% on the next 2% (To receive full 4% match, the employee must defer 5%)
• Matching contributions are only made to employees who participate in 401K plan
• Company matched funds 100% invested immediately
• Must be 21 years of age to participate
• Enrollment: Monthly. First Date of next month employee meets participation requirements
• Stop contributions at any time

• The eligibility requirement for employee contribution is 60 Days
• The eligibility requirement for company contribution is 60 Days
• To enroll, speak to HR who will provide the appropriate paperwork.

• Full-Time Employees are eligible

Upon completion of employment at Beyond Spots & Dots, you have four options for your 401K:

• Take a cash distribution. A cash distribution is a taxable distribution and carries along with it a 10% penalty.
• Roll Traditional 401K money over to an IRA.
• Roll Traditional 401K money over to a new 401k.
• Leave money in the plan at John Hancock.

The 401K plans provide Beyond Spots & Dots a “cash-out” provision for a vested account balance less than $1,000. This means that if your account drops below $1,000, Beyond Spots & Dots has the right to provide you with a notice which gives you 30 days to make a distribution election or require a cash distribution from the plan.

John Hancock provides the platform for your 401K plan.

About John Hancock

From our humble beginnings in 1862 as a four person company formed in a single room, the name John Hancock, one of our nation’s forefathers and the inspiration for our company, has long stood for integrity and commitment. Today, we continue our tradition as a well established financial services leader by operating as the U.S. unit of Manulife Financial, a leading Canadian-based financial services group serving the financial needs of millions of customers in 22 countries and territories worldwide. Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘945’ on the SEHK.

John Hancock’s core retail products in the U.S. focus on providing financial solutions at every stage of our clients’ lives. Our product suite includes life insurance, mutual funds, 401(k) plans, long-term care (LTC) insurance, and annuities. We distribute our products primarily through licensed financial advisors, and through John Hancock Financial Network, a national network of independent firms.

Online Account Access:

John Hancock offers online account access to Beyond Spots & Dots employees contributing to their 401K retirement plans.

LPL Financial facilitates the Beyond Spots & Dots 401K Plan and provides investment advisory.

About LPL Financial

LPL Financial was founded with a pioneering vision: to help entrepreneurial financial advisors establish successful businesses through which they could offer truly independent financial guidance and advice. Today we provide an integrated platform of proprietary technology, brokerage, and investment advisory services to over 13,500 financial advisors as the nation’s largest independent broker/dealer,* making us a leading distributor of financial products in the United States. In addition, we support over 4,000 financial advisors with clearing services, advisory platform, and technology solutions.

Even as our firm has grown over the years, we remain singularly focused on helping financial advisors to manage the complexity of their investment practices so they can better serve their clients in achieving important financial goals. And, because we do not offer proprietary products, LPL Financial enables the independent financial advisors, banks, and credit unions with whom we partner to offer their clients truly objective, conflict-free advice. Our open-architecture platform provides our customers with access to thousands of commission, fee-based, cash, and money market products manufactured by hundreds of third-party product sponsors.

Your LPL Certified Financial Planner

Beyond Spots & Dots provides employees with a Certified Financial Planner for the purpose of asking questions, addressing account issues relating to your 401K as well as discussing your financial future and helping you prepare for retirement. Please contact Lou Rizzo, CFP for help.

Louis C. Rizzo, CFP
1378 Freeport Road, Suite 3A
Pittsburgh PA 15238

412 967-1600
[email protected]