401(k) Retirement Savings Plan

Plan Highlights

• All contributions you make are 100% vested immediately (you own them!), as well as any matching contributions from Hitachi.
• Flexible savings opportunities through traditional pretax, Roth contributions, after-tax contribution, or any combination of these.
• Access to professionally managed investments.
• Access to experienced retirement services professionals — to help get you on the right track to reach your retirement goals.

Matching Contributions

Hitachi gives you free money! And you’re 100% vested immediately in your matching contribution. We match based on your years of service:

• First year of service: 100% of up to 4% of eligible pay
• Second year of service: 100% of up to 5% of eligible pay
• Third year of service and beyond: 100% of up to 6% of eligible pay

Your VIP bonus, sales bonus or incentive compensation amount that you receive is automatically included as part of your eligible pay when calculating the matching contribution. View the plan highlights for more information.

Enroll Today

Enroll in the 401(k) Plan at any time with these simple steps:

1. Visit Fidelity NetBenefits, or call 1-800-835-5095.
2. Select your contributions and investments. Contribute as much as possible — try for at least 4%, 5% or 6% of your eligible pay so you can take full advantage of the company match.
3. Don’t forget to designate your beneficiaries when you log in to Fidelity.
4. Once you make elections, they’ll be effective within one to two pay periods.

How to Save

You have two ways to contribute: pretax and Roth. Which one you choose depends on how you answer a number of questions, such as:

• Can I afford to pay more taxes today and less taxes tomorrow?
• Do I have a long time to build tax-free money in my retirement account?
• Do I expect my tax bracket to be higher when I retire than it is now?
• Do I want tax-free money in retirement?

If you answered yes to most of those, then the Roth may be a good option for you. If you answered no to most questions, consider the pretax option.

Also, you don’t have to choose! You can have both. Check in with a financial adviser to discuss what the right option is for you.

Here’s How Both Work

* Contribution limits refer to the combined total of Pretax and Roth contributions.

† Earnings are tax-free upon withdrawal if you own the Roth 401(k) account for at least five years and have reached age 59½.

Your Investment Options

The way you invest in your 401(k) account is completely up to you. Your contributions, Hitachi’s matching contributions and any funds that you roll over from another account can all be invested.

Help With Investing

You can select a mix of investment options that best suits your goals, time horizon, and risk tolerance. A complete description of the plan’s investment options and their performance, as well as planning tools to help you choose an appropriate mix, are at netbenefits.com.