Scientific Research Corporation_PHL_093021_Final
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Plan Highlights
Plan Review
Investments
Scientific Research Corporation 401(k) Profit Sharing Plan Executive Summary Discretionary match calculation updated to 50% of 7% - 1/1/21 Hardship withdrawal modified to add FEMA expenses/loss as allowable provision – 1/8/21 Retirement 2065 Fund added 1/15/21 Removed Templeton Global Bond, A and mapped assets to Pimco Global Bond USD Hedged, I Plan passed nondiscrimination testing No Coronavirus Distribution Repayments made at this time Employee Webinars held in June & July – Roth Contributions, Investing Basics & Financial Wellness Plan opted in for cross plan webinars – quarterly Form 5500 – Completed & Filed Plan Document Restatement – Draft sent to SRC for review Custom Branded Communications Materials – Concepts presented 11/12/21 2021 Plan Updates
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T. ROWE PR ICE
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