401K
**Effective November 2023, Won’t Stop Hospitality Inc. 401k plan has moved from Paychex to EMpower
Full time and part time employees, over the age of 21, are eligible to participate in the Won’t Stop Hospitality Inc. 401k plan. If you choose to participate in the company’s 401k plan, the designated deferral percentage will be deducted from your paycheck and deposited into your 401k account. Those participating will be immediately vested and receive the employer match as specified in the plan documents.
EMPLOYER MATCH
You contribute 1% and Won’t Stop will match 1%
You contribute 2% and Won’t Stop will match 2%
You contribute 3% and Won’t Stop will match 3%
You contribute 4% and Won’t Stop will match 3.5%
You contribute 5% and Won’t Stop will match 4%
CLICK HERE TO REGISTER
Empower Contact Information
www.empowermyretirement.com
1-800-338-4015
1:1 In-Person Financial Advisement
Won’t Stop Hospitality Inc. has partnered with Mike Ready of Northwestern Mutual, to provide employees with in-person, financial advisement. Having an expert at your fingertips can help ensure that you have your 401k contributions allocated to the most appropriate funds based on your individual retirement goals. If you have questions about funds, strategies, or any other questions related to your retirement plan, Mike is here to assist. 888.320.4015 or by e-mail at michael.ready@nm.com. Employees can expect a response from Mike within 24 hours.
Additional resources
**If you are interested in meeting with a professional to discuss items other than 401k, Mike can connect you with someone from his team**
Education Savings and 529 Plans