It’s easy to put off saving for retirement, but when you have a generous Company match, the time to save is now. Don’t leave money on the table!
Note: This information about the 401(k) plan applies to the majority of associates. Variances may occur due to grandfathered benefits or collective bargaining agreements.
Beginning January 1, 2018, Sysco’s annual match will be 50 cents for every dollar you save up to 6%. If you save 6% of your pay, Sysco will match 3% — in addition to the automatic 3% the Company contributes to your account each pay period. That’s up to 6% in your account each year from Sysco — on top of your savings — or as much as 12% combined. Make sure you get your share of this valuable enhanced benefit to ensure you are maximizing your savings for a better retirement!
To help you save for a financially secure retirement, our 401(k) plan offers great features.
Gives you free money
3% of your pay through an automatic contribution every pay period
Gives you immediate ownership
of your money
You are always 100% vested in your contributions and in the automatic Company contributions, as well as any earnings on them.
Pays you to save
50 cents for each additional dollar you contribute, up to 6% of your pay annually (you become fully vested after 5 years of employment)
Increases take-home pay
Pre-tax contributions mean lower income taxes
When you log in to NetBenefits.com you can:
For 401(k): 1-800-635-4015
For ESPP: 1-800-544-9354
Depending on when you were hired, retirement plans may vary. Contact the Sysco Benefits Center at 1-800-55-SYSCO for more information. Benefit Representatives are available Monday-Friday, from 7 a.m. to 7 p.m. Central time.