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Benefits <br />401(k) Plan <br />457 Deferred <br />Compensation <br />Fees: <br />Not subject to retirement <br />Not subject to retirement <br />Administrative <br />None <br />None <br />Asset Fee <br />0.30% annually on all accounts <br />0.70 — 0.90% annually on Mutual <br />N.C. Governmental employees <br />Fund options <br />Loan Fee <br />$60.00 for each loan <br />Not applicable <br />Catch Up Option <br />Calendar year catch up available. <br />Calendar year catch up available. <br />Contributions are to be made to all <br />Also <br />general employees exactly the <br />An individual can contribute up to <br />same. <br />$15,000 per year for three years <br />prior to retirement eligibility. <br />Universal Life and <br />County may elect no waiting <br />Any waiting period as the County <br />Term Life Insurance <br />No <br />Yes (premiums are paid with pre- <br />month waiting period. <br />tax dollars) <br />Additional Information Related to Employer Contributions <br />FICA <br />Not subject to FICA taxes <br />Subject to FICA taxes <br />Retirement <br />Not subject to retirement <br />Not subject to retirement <br />Contributions <br />Markets <br />Private Sector nationwide and <br />Public Service nationwide <br />N.C. Governmental employees <br />Governmental employees only <br />only <br />Contributions <br />Fixed contributions amounts: <br />Contributions may be made to all <br />Contributions are to be made to all <br />employees on the same basis or <br />general employees exactly the <br />on a tiered basis based on <br />same. <br />longevity, job classification, <br />salary, etc. <br />Waiting Periods <br />County may elect no waiting <br />Any waiting period as the County <br />period or may impose up to a six <br />decides. <br />month waiting period. <br />Amount of <br />May be a percentage or may be a <br />May be a percentage or may be a <br />Contributions <br />flat dollar amount <br />flat dollar amount <br />Matching Options <br />Yes, available. <br />Yes, available. <br />and/or combinations <br />12 <br />