TO: All Eligible Goodwill Employees

FROM: Mike McKelvey – HR Manager

SUBJECT: Hartford 401(k) Plan

NOTICE OF ELIGIBILITY

If you are a Goodwill Industries of Greater Grand Rapids staff employee (not a trainee participant) you are eligible to participate in the 401(k) plan once you satisfy the Plan’s eligibility requirements. The eligibility requirements include; completing one full year of service, being credited with at least 1000 hours of service in that year and reaching age 21. Your participation allows you to make Elective Deferrals to the 401(k) Plan. This notice will provide you with information that you should consider before you decide whether to start or change your participation.

EMPLOYER CONTRIBUTIONS

Effective January 2010, the Employer will make a Safe Harbor Matching Contribution to your account based on your deferral contributions in an amount equal to 100% of the first 3% of your compensation that you contribute to the Plan, plus 50% of the next 2% of your compensation that you contribute to the plan other limitations may apply.

Example: Your compensation for the plan year is $10,000 and you contribute 6% ($600) of it to the Plan in the form of deferrals. You will receive a safe harbor employer matching contribution of $400 calculated as follows:

Compensation Contributed to the Plan by the Employee
First 3% ($10,000 *3%) = $300
Next 2% ($10,000*2%) = $200
Amt Over 5% ($10,000*1%) = $100
Total Employee Contributions = $600 / Safe Harbor Matching Contribution Formula
100%
50%
0% / Employer Contribution Amount
$300*100% = $300
$200*50% = $100
$100*0% = $0
Total Employer
Contributions = $400

PLAN ENTRY DATE

You are eligible to participate in the plan the first day of the quarter, as defined by the Plan, following completion of the Plan’s eligibility requirements. You may access your account on-line to select your contribution percentage and designate your preferred investments. Deferral contributions will not begin before the first day of the quarter you’re eligible. Please see instructions below.

BEFORE-TAX OR AFTER TAX CONTRIBUTIONS

Through payroll deduction, you may make before-tax or after tax (Roth) contributions of a specific percentage subject to the limits under the Plan. The IRS code limits the amount you are permitted to defer to the lesser of 100% of your includible compensation or $17,500 on a before-tax basis for 2013.

CATCH-UP CONTRIBUTIONS

If you are 50 years of age or older during the calendar year, you may be able to contribute up to an additional $5500 in 2013, into your plan as a “Catch-Up” contribution.

ROLLOVER CONTRIBUTIONS

If you are eligible to receive a distribution from a 401(a) qualified retirement plan that may include after tax amounts, a 403(b) or 457(b) and/or hold amounts under a taxable, you may roll over such amounts into the plan at any time. Please contact Human Resources for further information.

HOW TO ACCESS YOUR ACCOUNT

Below are instructions to enroll into the plan. Once the process is completed an automated email will be sent to the Human Resources Department to begin deferral contributions when you’re eligible.

Account Access:

Retirement Access and The Retirement Plan Information Line give you two ways to stay on top of your account whenever you want, wherever you are.

  1. Retirement Access (at thehartford.com/retirementplans/access) lets you access your account and make changes right from your computer. To use this service, you will need a browser equipped with 128-bit encryption.
  1. The Retirement Plan Information Line (1-800-854-0647) is an automated voice response system you can access toll free from any touch-tone telephone. For personal assistance, dial “0”, or say “representative” after you have entered both your social security number and Personal Identification Number (PIN).

To access your account via the phone or Web site for the first time, please use the steps below to establish a Personal Identification Number (PIN) and/or online password.

By Internet: Log in to Retirement Access / By Phone: Call 1-800-854-0647
1. Enter your Social Security Number (SSN).
2. Enter the month and day of your birthday in a eight -digit format (MMDDYYYY).
(This is your initial online password.)
3. Choose a new password.
4. Choose a new user name.
5. If you are unable to create a new password and are “locked” out, you will need to call the 1-800# and they will assist you.
Your new password must be between eight and twelve characters and contain at least two numbers and two letters. / 1. Enter your Social Security Number (SSN).
2. Enter the month and day of your birthday in a eight-digit format (MMDDYYYY).
(This is your initial PIN).
3. Choose a new PIN.
Your new phone PIN must be between four and eight numeric characters.

Upon successfully logging in, you will need to complete the entire process such as contribution percentage and investment selections. In the event, you elect not to participate in the Plan; nothing is required to be done. On the 1st day of each quarter (4/1, 7/1, 10/1 or 1/1) you may make changes to increase or decrease deferral amounts on-line in your account.

Required: The only document that must be returned to Human Resources is the Beneficiary Designation form – at the end of the booklet.

In the event you have questions related to investment choices or strategies, feel free to contact Nicholas E. Sherman of Wells Fargo Advisors @ 616-975-2045 or or contact the Human Resources Department.

Thank you!