Profit Sharing


Eligibility and Enrolling	Generally, you are eligible to begin participating if: you are at least 21 years old, you have at least one year of continuous service, and you are an active employee working in the United States or an active U.S. employee temporarily working abroad. You automatically become a plan participant on the first day of the month coinciding with or following the month in which you become eligible.
Corporation Contributions	The Corporation may make a contribution to your profit sharing account each year.
Investing Your Profit Sharing Account	You decide how the money in your profit sharing plan account is invested, choosing from among 13 investment funds and allocating your savings in whole percentages.
When Your Benefits Are Vested	You are fully vested in the Corporation's contributions and the earnings on them when you have completed five years of continuous service, turn age 65, or die (as long as you were an active employee at the time of your death). For contributions made after January 1, 2008: You are gradually vested in the Corporation's contributions over a five-year period: 20% vested after two years of service, 40% vested after three years of service, 60% vested after four years of service, and 100% percent vested after five years of service.
When You Can Receive a Distribution	The profit sharing portion of the Plan is designed to help you save for your retirement. You are eligible to receive a distribution of your vested account balance when you retire, if you become totally disabled, or when you leave the Corporation. Your beneficiary is entitled to a distribution in the event of your death.
Your Beneficiary	When you enroll, you name a beneficiary to receive your plan balance in the event of your death. This is an important step that you need to take to ensure your beneficiary receives the proper benefits in the event of your death. If you are married, your spouse is automatically your beneficiary. To change your beneficiary, complete and submit a new form. Forms are available by visiting Your Benefits Resources or by calling 1-866-477-6820.