Eligible participants can contribute 15% of their 2005 income up to $14,000 to the company 401k plan. Employees age 50 and over can make an additional "catch-up" contribution of $4,000.

The Company will match the first 4% of employee contributions. The employer contribution is subject to the following vesting schedule:

Employment Length
% Vested
2 years
20
3 years
40
4 years
40
5 years
50
Each year thereafter
+10
Full vesting at 10 years

Your employee 401k plan funds are managed by John Hancock, formerly Manulife Financial. Manulife Financial was a leading Canadian-based financial services group operating in 15 countries and territories worldwide. Funds under management by Manulife Financial were US$92.5 billion as of December 31, 2002.

Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '0945' on the SEHK.

Login to check your Manulife/John Hancock account: 401K Account Access
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This does not constitute your health plan or insurance policy. It is only a general description of your employee benefits program. Please refer to plan documents for exclusions and limitations under the program.