401(k)

Pursuit Aerospace offers a 401(k) retirement plan with a company contribution match. Fidelity Investments is the recordkeeper for the 401(k) Plan. Newly eligible employees will receive an enrollment package by email if on file or by mail directly from Fidelity with detailed enrollment/plan information.
Contact Fidelity at 800-835-5097 / netbenefits.com.

  • Non-union employee of Pursuit Aerospace
  • Not a leased employee or contractor
  • At least age 18

The first of the month following eligibility requirements.

  • Automatically enrolled in the Plan at 5% pre-tax contribution rate
  • Contributions invested in the Retirement Date Target Funds based on your birth year
  • Notification from Fidelity on start date
  • Ability to change or cancel contribution rate or investment option prior to start date or any time in the future

  • The company will match 100% of the first 3% and 50% of the next 2% of what you contribute up to 5% of your eligible compensation
  • Effective the first payroll your contributions begin

  • Pre-tax and/or Roth Contribution Options available
  • Elected deferrals between 1 – 70% of eligible compensation
  • Up to the IRS dollar limits set each year ($23,500 for 2025)

Additional catch-up contribution allowed:

  • Age 50 and over: $7,500
  • Age 60-63: $11,250

  • 100% vested in employee and employer contributions, rollover accounts, earnings
  • Diversified investment options including 20 Investment Funds and 13 Retirement Target Date Funds
  • Annual Increase Program – automatically increasing contributions by 1% on May 1
  • Eligible to roll over contributions into the Plan from other qualified plans
  • Loan availability
  • Hardship withdrawals

401(k) Enrollment

Look out for an enrollment package directly from Fidelity via email or mail. Contact Fidelity at 800-835-5097 / netbenefits.com

Ready to enroll?

Log on to your ADP Workforce Now account to elect your benefits if you’re newly hired, during the annual Open Enrollment period or if you experience a qualifying life event.
Visit ADP