401(k) Retirement Plan

BENEFITS OF YOUR RETIREMENT PLAN
Gallagher North America, Inc. Savings and Profit Sharing Plan (“Plan”) has been adopted to provide you with the opportunity to save for retirement on a tax-advantaged basis. As a participant in the Plan, you may elect to contribute a portion of your compensation to the plan.

Company Match
Gallagher North America, Inc. provides a Safe Harbor match of 100% up to 6% of employee 401k or Roth Deferrals.

Types Of Contributions
The following types of contributions may be made under this plan:
• Employee salary deferrals including Roth 401(k) deferrals
• Employee rollover contributions
• Employer matching contributions
• Employer profit sharing contributions

Pre-Tax 401(K) Deferrals
If you elect to make Pre-Tax 401(k) deferrals, then your taxable income is reduced by the deferral contributions so you pay less in federal income taxes. Later, when the Plan distributes the deferrals and earnings, you will pay the taxes on those deferrals and earnings. Therefore, with a Regular 401(k) deferral, federal income taxes on the deferral contributions and on the earnings are only postponed. Eventually, you will have to pay taxes on these amounts.

Roth 401(K) Deferrals
If you elect to make Roth 401(k) deferrals, the deferrals are subject to federal income taxes in the year of deferral. However, the deferrals and, in most cases, the earnings on the deferrals are not subject to federal income taxes when distributed to you.

RETIREMENT PLAN DETAILS
Eligiblity
You will be eligible to participate for the purposes of salary deferrals the first of the month following 3 months of service. For purposes of salary deferrals, your Entry Date will be the first day of the month coinciding with or next following the date you satisfy the eligibility requirements.

Contributions
Employee Contributions. You are always 100% vested (which means that you are entitled to all of the amounts) in your accounts attributable to the following contributions:
• Salary deferrals including Roth 401(k) deferrals and catch-up contributions
• Rollover contributions

Matching Contributions
The plan has a Safe Harbor match at 100% up to 6% of your compensation. This Safe Harbor match will is 100% vested.

Enrollment Registration
1. Visit the website at www.empowermyretirement.com
2. Select “Register.”
3. Use the ‘I do not have a PIN’ tab to register.
4. Complete the step-by-step registration process.

You can reach Empower customer service at 1-855-756-4738
Our plan number is 514582-01

Questions or Need Assistance?
Contact: One Digital
Phone: 913-338-5300
Travis Power: tpower@onedigital.com
Joyce McLain: joyce.mclain@onedigital.com