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Young Electric Sign Young Electric Sign Company Company Profit Sharing 401(k) Profit Sharing 401(k) Retirement Plan Retirement Plan and Trust and Trust Smart$ave Smart$ave Profit Sharing Profit Sharing

Young Electric Sign Company Profit Sharing 401(k) Retirement Plan and Trust Smart$aveSmart$ave Profit SharingProfit Sharing

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Page 1: Young Electric Sign Company Profit Sharing 401(k) Retirement Plan and Trust Smart$aveSmart$ave Profit SharingProfit Sharing

Young Electric Sign Young Electric Sign CompanyCompany

Profit Sharing 401(k) Retirement Profit Sharing 401(k) Retirement Plan Plan

and Trustand Trust

• Smart$aveSmart$ave• Profit SharingProfit Sharing

Page 2: Young Electric Sign Company Profit Sharing 401(k) Retirement Plan and Trust Smart$aveSmart$ave Profit SharingProfit Sharing

YESCO Profit Sharing 401(k) YESCO Profit Sharing 401(k) Retirement Plan and TrustRetirement Plan and Trust

May access account daily via the Internethttp://retirementplan.wellsfargo.com or

Benefits Helpline 1-800-258-2715Customer Service Reps available Monday –Friday 6am – 9pm (MT)Statements mailed out Quarterly

SMART$AVE

1. WF Cash Investment Money Market2. PIMCO Low Duration Bond3. Vanguard Total Bond Market Index4. Dodge & Cox Stock5. Vanguard 500 Index6. Harbor Capital Appreciation7. Causeway International Value8. American EuroPacific Growth9. Royce Low-Priced Stock10. Invesco Small Cap Growth11. WF Advantage Dow Jones Target Date (Today – 2050)12. Self Directed Brokerage Window

PROFIT SHARING(YESCO Contribution Account)

Funds invested by Trustees of the Plan

in various investments including

employer qualified real estate

Match

YESCOCONTRIBUTION

YOUR CONTRIBUTIONS

Page 3: Young Electric Sign Company Profit Sharing 401(k) Retirement Plan and Trust Smart$aveSmart$ave Profit SharingProfit Sharing

DAY 1DAY 1

NEW EMPLOYEE TOOL KIT GUIDE• Receive Plan Highlights with Fund Options•Summary Plan Description

Complete Form “G”•Beneficiary Designation

Rollovers: If a employee wishes to rollover funds into the plan. Refer employee to the Benefits Helpline 1 800-258-2715 to speak with a Customer Service Rep and request a “Rollover Declaration Form”

Ineligible•employees having outside retirement plan to which YESCO contributes•employees under age 20 1/2

Page 4: Young Electric Sign Company Profit Sharing 401(k) Retirement Plan and Trust Smart$aveSmart$ave Profit SharingProfit Sharing

3 MONTH EMPLOYEE3 MONTH EMPLOYEE

Smart$aveAuto Enrollment

Employee will receive a “What if….” Enrollment Kit from Wells Fargo 30-days prior to becoming eligible to participate.

All eligible employees are auto-enrolled at 2% pre-tax with instructions on how to increase contribution rate,

change investment options, or decline participationvia the Internet or thru the Benefits Helpline.

• must be 20 ½ years old by this date to participate

• If employee is not 20 ½ years old after 3 months of employment – they will receive

the “What if….” Enrollment Kit just before they become eligible to participate.

Page 5: Young Electric Sign Company Profit Sharing 401(k) Retirement Plan and Trust Smart$aveSmart$ave Profit SharingProfit Sharing

PROFIT SHARING PROFIT SHARING (YESCO Contribution Account)(YESCO Contribution Account)

JANUARY 1 EACH YEARJANUARY 1 EACH YEAR

Employee automatically enrolledupon meeting the following

requirements:

•must be employed 6 months prior to this anniversary date•must be 20 1/2 years old

Page 6: Young Electric Sign Company Profit Sharing 401(k) Retirement Plan and Trust Smart$aveSmart$ave Profit SharingProfit Sharing

1ST QUARTER

Profit Sharing Contributions

posted to Employee Accounts

YESCO

Contribution

Smart$ave Match

Page 7: Young Electric Sign Company Profit Sharing 401(k) Retirement Plan and Trust Smart$aveSmart$ave Profit SharingProfit Sharing

FORMSFORM G

BENEFICIARY DESIGNATION

FORM 153

INSTALLMENT DISTRIBUTION REQUEST

ALL OTHER REQUESTS ARE DONE VIA THE INTERNET http://retirementplan.wellsfargo.com

OR THE BENEFITS HELPLINE 1-800-258-2715

Page 8: Young Electric Sign Company Profit Sharing 401(k) Retirement Plan and Trust Smart$aveSmart$ave Profit SharingProfit Sharing

PAYMENT OF BENEFITS

401(K)

DEFERRAL

CONTRIBUTION

ACCOUNT

MATCHING CONTRIBUTION

AND

YESCO CONTRIBUTION ACCOUNT

Both Subject to Vesting Schedule

PRIOR TO TERMINATION OF

EMPLOYMENT

Available through Loan Provision and thereafter through Hardship

Withdrawal Provision

When participant has rollover funds in account – may receive 1

distribution per year

Age 65 Inservice

NOT

AVAILABLE

AFTER

TERMINATION

OF

EMPLOYMENT

Available as soon as administratively possible following separation date.

Forfeiture of earnings

may apply

Matching Contribution:

Available as soon as administratively possible following separation date.

YESCO Contribution:

Accrued Benefit not exceeding $5,000

Available as soon as administratively possible following separation date.

Accrued Benefit exceeding $5,000

Available after age 60 in installment payments or through Hardship and Disability Provisions

IRS penalties may apply to any distribution taken prior to reaching age 59 1/2

Page 9: Young Electric Sign Company Profit Sharing 401(k) Retirement Plan and Trust Smart$aveSmart$ave Profit SharingProfit Sharing

RETIREMENT

PROFIT SHARING

(YESCO Contribution Account)

•Installment Payments

•Complete Form 153

•Accounts less than $5,000 can receive a lump-sum distribution. Employee has option to receive distribution after annual earnings / loses of the Real Estate are allocated. Distribution requests are done through the Internet or Benefits Helpline.

• Can receive distributions at age 60

SMART$AVE

•Distributions available in lump-sum distribution

•Installment Payments

• Receive distributions at 59 1/2 without Penalties

Page 10: Young Electric Sign Company Profit Sharing 401(k) Retirement Plan and Trust Smart$aveSmart$ave Profit SharingProfit Sharing

TERMINATION

VESTING

6 year graded vesting on Profit Sharing (YESCO Contribution Account) and

Smart$ave Match

1 year 0%

2 years 20%

3 years 40%

4 years 60%

5 years 80%

6 years 100%

100% vested at all times in your Smart$ave Deferral Account

100% vested in Roll-over Account

100% vested if due to Death, Disability or reach age 65 – Retirement Age

See Summary Plan Description

Page 11: Young Electric Sign Company Profit Sharing 401(k) Retirement Plan and Trust Smart$aveSmart$ave Profit SharingProfit Sharing

RE-EMPLOYMENT

Cash Out RuleIf you terminate employment and forfeit your unvested

account balance and then return to work within five (5) years (approximately, see Summary Plan Description and

Forfeiture Break In Service Rule) then you may have the Plan restore your “cash out” forfeiture funds.

Keep actual Rehire Date in Ceridian for provider to determine recapture and eligibility rules that

apply to employee

Page 12: Young Electric Sign Company Profit Sharing 401(k) Retirement Plan and Trust Smart$aveSmart$ave Profit SharingProfit Sharing

History ofPROFIT SHARING

AnnualRate

ofReturn

Page 13: Young Electric Sign Company Profit Sharing 401(k) Retirement Plan and Trust Smart$aveSmart$ave Profit SharingProfit Sharing

History of Smart$ave Match

Our goal is to provide at least a 10% match for each dollar an employee contributes each year.

Page 14: Young Electric Sign Company Profit Sharing 401(k) Retirement Plan and Trust Smart$aveSmart$ave Profit SharingProfit Sharing

RESOURCES

• Fact Sheets / Prospectus– Following Performance of Funds

• Books or Publications– SmartMoney

– Selecting Investments for Your Retirement Account

– Understanding Asset Allocation

• Web Sites– http://retirementplan.wellsfargo.com

– www.SmartMoney.com

– www.Motleyfool.com