Your nest egg just got bigger.
Schupan is pleased to announce the discretionary 401(k) match for the 2021 plan year. Eligible employees received a dollar-for-dollar match for the first $1,500 of contributions, and a 21% match of the remaining contribution balance above $1,500.
How it works
Example A
How it works
Example B
Total match is combination of the guaranteed monthly match and discretionary match.
Employees may visit www.greenleaftrust.com to view details of the 2021 company match. The discretionary match information is located under Manage>Transaction History. You can verify the amount and source of the employer discretionary match contribution by entering 12/31/2021 in the “start date” and “end date” fields. Select the contribution date and then select account display.
The guaranteed dollar-for-dollar match for the 2022 plan year is $1,500. Employees are eligible for the company match the first of the quarter following their one-year anniversary (provided that they have worked 1,000 hours in their first year). Remember, even if you are not contributing at this time, it isn’t too late to take advantage of the match!
If you would like to make a contribution change, please contact Greenleaf by visiting www.greenleaftrust.com, or by calling a Greenleaf representative at (866) 553-8400.
