401(k) with Company Contribution

Looking forward to investing in your future? Hamra offers company-sponsored pre-tax 401(k) and Roth 401(k) options through Fidelity to our employees.

401(k) Plans are defined contribution plans where an employee can make contributions from his or her paycheck either before or after-tax, depending on the options offered in the employee often choosing the investments based on options provided under the plan.

Hamra offers a traditional pre-tax 401(k) plan as well as a Roth 401(k) option. Unlike a traditional pretax 401(k), Roth 401(k) allows you to contribute after-tax dollars and then withdraw tax-free dollars from your account when you retire. Reference the attached fact sheet to help determine if the Roth option is a great option for you.

For every $1.00 you put in the program, Hamra will contribute .25 cents up to 4% of your salary.

To be eligible, you must have worked for Hamra for 12 months consecutively with more than 1,000 worked hours.  Hamra will contribute .25 cents up to 4% of your salary.

Once eligible, employees will receive information from Fidelity with information on enrollment.

With our plans, you are fully vested after 6 years.

  • 1 year of service – 0% vested
  • 2 years of service – 20% vested
  • 3 years of service – 40% vested
  • 4 years of service – 60% vested
  • 5 years of service – 80% vested
  • 6 years of service – 100% vested 
  • Visit www.401k.com
  • Verify your identity – full name, birthdate, last 4 digits of SSN
  • Create your account 

Create a unique username and avoid using personally identifiable information.

  • Use 6 to 15 letters and/or numbers
  • If your username is between 9 and 11 characters in length, it must contain at least two letters
  • Do not use personally identifiable information such as your SSN, telephone number, or date of birth.
  • Do not use 5 or more instances of a single number or letter, or easily recognized sequences (e.g., 12345 or 11111).
  • Do not use symbols, punctuation marks, or spaces. (e.g., #,@, /, *, -)

Create a unique password and avoid using personally identifiable information.

  • Must be 8-16 characters in length.
  • Must have at least 1 number.
  • Must contain at least 1 upper case and 1 lower case letter.
  • May contain the following special characters: %'()+,-./:;<=>?\^_|~