We are reviewing the possibility of establishing a 401(K) PLAN. Briefly, the 401(k) plan would provide you:
To help us decide if the 401(K) PLAN would have sufficient employee participation, please ANSWER THE TWO FOLLOWING QUESTIONS AS ACCURATELY as possible, and return the completed form.
1. Check the approximate amount of your salary that you would contribute to your account in the plan per pay period:
___0% ___2.5% ___5% ___7.5% ___10% _____ other amount
2. A "Matching Contribution" is one that the Employer makes on your behalf, based on some percentage of your 401(k) contribution. Would you increase your contribution in question 1 above, if your employer made a matching contribution to your account?
____ Yes ____ No
THANK YOU FOR YOUR HELP.