401(k) Retirement

Saving for Retirement

To aid you in planning for your future, EAB offers a 401(k) retirement savings plan through Fidelity Investments. Our 401(k) plan offers you the opportunity to automatically save for retirement while lowering you taxable income. Contributions are automatically deducted from your paycheck and can be invested in a diverse portfolio at your discretion.

401(k) administered by Fidelity

Contact Fidelity at 800-835-5097 or visit them online.

Fidelity

Enroll in the Retirement Plan

If you haven’t already, enrolling in your plan is the right step towards a more secure retirement.  It’s easy to join your plan and make that next great investment in yourself.  Here’s how:

  • First, go to Fidelity’s website.
  • Next, set up your password. If you’re already a Fidelity customer, you can use your existing password.
  • Please note, you will be prompted to enter your email address.
  • Finally, click on the link to enroll.
  • If you have questions or need help before getting started, visit Fidelity’s website or call Fidelity at 1-800-835-5097.

Your plan has an automatic enrollment feature. If the automatic enrollment feature applies to you and you do not take action, you will be automatically enrolled in the plan at a 5% pre-tax deferral election and have money invested in the default investment option. The plan also has an automatic deferral increase feature. This means that every March 15 your deferral percentage will increase by 1%, to a maximum of 12%. You can opt out of this feature and select your own deferral percentage at any time. You will receive a separate notification from Fidelity explaining when the automatic enrollment will occur.

Contribution Options

Pre-Tax (Traditional)

  • Contributions are made before taxes are applied, which reduces your taxable income
  • All capital gains, dividends, interest, etc. grow within the account on a tax-deferred basis
  • All withdrawals prior to eligibility are subject to limitations, taxes, and/or penalties

Post-Tax (Roth)

  • Contributions are made after taxes have been applied
  • All capital gains, dividends, interest, etc. grow tax free in the account
  • Withdrawals are not subject to taxes, but funds must be held in the account for at least 5 years

EAB 401(k) Matching Contributions

The EAB 401(k) Plan has a discretionary match feature. This means that although not legally required, EAB intends to make matching contributions. EAB will match your contributions up to a maximum of 4% of your eligible compensation, the match formula may vary from year to year. These contributions will be made to your account on an annual basis.

You must be employed as of the last day of the contribution period (12/31) to be eligible for any matching contributions that may be made for that Plan year.

Rollover

Fidelity has multiple options on how you can rollover funds from a former 401(k):

  • Fidelity NetBenefits Mobile app for Iphone and Android, allows you to take a picture of the rollover check to complete the deposit.
  • Website support when you log into netbenefits.com.
  • The Rollover form that a representative can help you fill out by calling 800-343-3548.

For more information view our Fast Facts or take a look at the documents in Resources > Documents > 401(k)

2026 Contribution Limits

Per IRS regulations, you can contribute up to $24,500 into your 401(k) for 2026.  If you are age 50 or over, you can contribute an additional $8,000 for the year.

Retirement Plan Regulatory Notices

Regularly we provide you with 401(k) plan notifications to keep you informed of our plan offerings and updates. These notices are required to be distributed at the commencement of the new EAB 401(k) plan and annually thereafter. We encourage you to read and save these notices with your important records. No action is required for the following notices.

Frequently Asked Questions – EAB 401(k) plan through Fidelity

How are my 401(k) deductions calculated?

Your 401(k) contributions are calculated off of your total compensation, which includes base salary and bonus and/or incentive payments for those who are eligible. This is different from The Advisory Board Company 401(k) plan that was calculated off of base salary only. For example, let’s say you enrolled to contribute 5% of your compensation pre-tax into the EAB 401(k) plan. If on February 15 you were paid $3,000 of base salary and received an incentive payment of $1,000, then your 401(k) contribution for that pay period would be calculated as 5% of your gross $4,000 payment for that pay period. If you have a bonus or incentive payment you do not want factored in to your 401(k) deduction, you can change your contribution to 0% for that pay period. We cannot separate a contribution between base salary and bonus and/or incentive payments. Whatever contribution percentage you elect applies to your total compensation.

How do I start, stop or change 401(k) payroll deductions?

Call Fidelity at 1-800-835-5097 or register/log in to Fidelity’s NetBenefits website to set your contribution amount as a percentage of your total compensation.

What percentage am I contributing now?

Log in to NetBenefits and view your 401(k) contribution.

How can I see how much I have contributed to the 401(k) so far this year?

You can log in to Dayforce to view your year-to-date contribution total on your most recent payslip, or log in to the NetBenefits to view the balance in your account and your contribution history.

When will my 401(k) deduction be posted to my 401(k) account with Fidelity?

401(k) contributions are posted as soon as administratively possible. We expect contributions to post to your 401(k) account within one week of your pay day.

How can I max out on my 401(k) contribution for the year?

2026 Plan Year

The 2026 IRS limit for 401(k) employee contributions, pretax and Roth combined, is $24,500. Also, if you are age 50 or older, you can contribute an additional $8,000 as “catch up” contributions. To calculate the percent deduction to reach your goal, you have to know how much you have contributed year-to-date and how many pay periods are remaining in the year. Example: Your goal is to contribute $24,500. You are paid $5,000 per pay period and year-to-date you have contributed $1,200 to the plan. Therefore you have $23,300 more to contribute to achieve your goal. There are 22 pay periods remaining in the year so you want to contribute about $1,000.00 each pay period. Divide your target contribution ($1,000.00 by your semi-monthly pay ($5,000) and round up to the nearest whole percentage (20%). NOTE: Our payroll is set up to stop deductions at the IRS limit automatically.

 

How do I enroll in the EAB 401(k) Plan?

You may enroll online on NetBenefits or call to speak to a Fidelity representative at 1-800-835-5097. Attached is a “Fast Facts” document with additional instructions from Fidelity. Make sure that you complete three parts to finalize your enrollment: (1) your contribution, (2) investment fund selection, and (3) designate your beneficiary. Please note if you have had a 401(k) account with Fidelity previously, you may need to log in to NetBenefits with your previous account username and password. Call Fidelity if you need help.

Is there an automatic enrollment feature in the new EAB 401(k) Plan?

Yes. Once you are eligible to participate, you will have 30 days to opt out or you will be automatically enrolled with a 5% pretax contribution and have money invested in the default investment option. The plan also has an automatic deferral increase feature. This means that every March 15 your deferral percentage will increase by 1%, to a maximum of 12%. You can opt out of this feature and select your own deferral percentage at any time.

What is the difference between pre-tax and Roth contributions?

In a traditional 401(k) deduction, you contribute income pre-tax and then pay taxes on the funds when you withdraw them during retirement. A Roth contribution means you pay taxes on your contribution now, but can make withdrawals tax-free during retirement.

What are the investment options available in the EAB 401(k) plan?

The 401(k) plan provides access to a robust array of institutional investment options. These include access to both index and actively managed investments, fixed and equity alternatives (foreign and domestic), and target maturity funds. Our Qualified Default Investment Alternative (QDIA) is the FIAM Index Target Date funds. Contact Fidelity for help choosing the right investments for you.

If you have additional questions about how to use the 401(k) plan, Fidelity has retirement experts available to assist you at 1-800-835-5097.

Leaving EAB?

You can continue to access your 401(k) information online at netbenefits.com or by calling Fidelity at 1-800-835-5097. If you are a current participant, Fidelity will send you a departure guide describing your options.

Keep Funds with Fidelity

You can keep your funds in our plan. This is the default option. You will not be able to contribute after your last day, and you will be assessed an administrative fee of .12% of the Plan’s assets, split into 4 quarterly payments, once you are no longer an employee..

  • Balance under $1,000 – If your balance is under $1,000, you are required to move your money out of the plan.
  • Balance over $1,000 –  Your funds remain in our plan until you contact Fidelity.

Cash Out

You can cash out your 401(k) plan. Please keep in mind there are tax implications and potentially an early withdrawal penalty by the IRS if you are under age 59.5.

Roll Over

  • You can roll your current 401(k) into your new employer’s 401(k) plan.
  • You can roll your 401(k) into a personal IRA.
  • Download the Rollover form or reach out to Fidelity to initiate this process.