Retirement & 401(k) Plans
Capital Accumulation Plan – 401(k)
Contact Fidelity Investments at 800-835-5095 or www.401k.com.
Profit Sharing Plan
Distribution or rollovers from the Profit Sharing Plan can be elected when you leave employment. You must have 5 years of vesting credit to receive a Profit Sharing payout. If you have less than 5 years of service you forfeit the Profit Sharing balance. Employees hired after January 1, 1999 are not eligible to participate in the Profit Sharing plan. In general, profit sharing lump sum distributions are batched and are processed on the last day of the month. It then takes five to six weeks from the last day of the month in which paperwork was received. Profit Sharing distribution paperwork should be returned to the ABX Benefits Department at:
Mailing Address: ABX
Air Inc.
Attn:
Benefits Dept. 2061B
145
Hunter Drive
Wilmington, OH 45177
Please contact Vickie Hurt at ext. 62531 for any other retirement questions.
PLEASE NOTE: If you are part of a reduction in force and choose the layoff option instead of severance/separation from the company, you are still considered an employee and cannot receive payout of the 401(k) or the Profit Sharing plans. Federal laws require that you must be separated from a company before taking a distribution or rolling over any retirement monies. Contact the Benefits Dept at 800-736-3973, x62531 with any questions.
Copyright © 2005. ABX Air, Inc. All Rights Reserved.
Please see ABX Air, Inc.’s terms and conditions for use of this web site.