At some point in your life you have thought about your “Golden Years”, those years after retirement. When a person thinks of those years you often wonder if you will have enough money to live on let alone enjoy some of the "fun" things in life. This is why it is important to start saving money for retirement as soon as you can. The younger you are when you start saving the better off you will be. For that reason Reilly Construction Co., Inc. strongly encourages all of its employees to take advantage of the 401(k).

Reilly Construction Co., Inc.'s 401(k) plan has an automatic enrollment procedure. What this means is, all employees employed for 30 days and who are 18 years of age, will be automatically enrolled in our 401(k) with a deduction of 3% going in to the John Hancock Retirement Through Active Strategies Series of Funds, unless you complete an enrollment form stating different instructions. Please keep in mind that our 401(k) is optional. You have the option not to participate or to participate at a higher lever. You also have the right to choose from many different investment options. An employee can defer up to $18,500 per calendar year if they are less than 50 years of age or $24,500 if they are over the age of 50.

Reilly Construction may participate by making annual contributions, which match a percentage of your annual contribution. This match is solely discretionary and is based upon the annual profits of the company.

You should receive an Enrollment Kit from John Hancock. In Your Enrollment Kit you will find more detailed information regarding the investment options available. You will also find an enrollment form you can use to give us your instructions. If you have not received your Enrollment Kit, please contact the office.

Please contact Midwest Group Benefits to answer any administration questions you might have. Should you have investment questions, you may contact Mr. Justin Gullekson with Decorah Bank & Trust's Wealth Management Services at (563) 382-9661 and he will be happy to assist you.

Reilly Construction reserves the right to change, amend, or discontinue, at any time without notice, any or all of the benefit package.

To learn more about John Hancock and their products, to sign in and access your personal account, or to register, click on the "sign in" link below