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What type of retirement plan does Werner Enterprises offer to its employees?
Werner Enterprises offers a 401(k) retirement savings plan to its employees.
How can employees of Werner Enterprises enroll in the 401(k) plan?
Employees can enroll in the Werner Enterprises 401(k) plan through the company’s HR portal or by contacting the HR department for assistance.
What is the company match for the 401(k) plan at Werner Enterprises?
Werner Enterprises provides a company match of 50% on employee contributions up to a certain percentage of their salary.
Are there any eligibility requirements to participate in the 401(k) plan at Werner Enterprises?
Yes, employees must meet specific eligibility requirements, such as completing a certain period of service, to participate in the Werner Enterprises 401(k) plan.
Can employees of Werner Enterprises change their contribution percentage to the 401(k) plan?
Yes, employees can change their contribution percentage at any time by accessing their account online or contacting HR at Werner Enterprises.
What investment options are available in the Werner Enterprises 401(k) plan?
The Werner Enterprises 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.
Does Werner Enterprises allow employees to take loans against their 401(k) savings?
Yes, Werner Enterprises allows employees to take loans against their 401(k) savings under certain conditions.
What happens to my 401(k) account if I leave Werner Enterprises?
If you leave Werner Enterprises, you can choose to roll over your 401(k) account to another retirement plan, cash it out, or leave it with Werner Enterprises.
Is there a vesting schedule for the company match in the Werner Enterprises 401(k) plan?
Yes, Werner Enterprises has a vesting schedule for the company match, which means employees must work for a certain number of years to fully own the matched funds.
How often can employees of Werner Enterprises review their 401(k) account statements?
Employees can review their 401(k) account statements quarterly through the online portal provided by Werner Enterprises.