Register or Opt-Out Now

It is time to enroll in Ditta Enterprises, Inc. 401(k) Plan for 2025. This year, we are moving to a new 401(k) plan to replace the SIMPLE IRA Plan, which is our company’s sponsored retirement plan that will go into effect on January 1, 2025. All plan information is located on our Company Benefit Website, Dittaent.com

You are eligible to enroll if you have met the eligibility requirements below:

Minimum Age: 21

Hours of service: 500

Period of service (consecutive): 6 Months

Employment Status: Full or Part Time

See eligibility requirements in the SPD (Summary Plan Description) for more information

With this plan comes a few changes; the biggest one is by law; every eligible employee will be automatically enrolled in the company plan with a 6% payroll deduction unless you opt-out in writing. 

Every eligible employee must do one of the following not to be automatically enrolled:

1. Online Enrollment - Register and Enroll at myplan.johnhancock.com or download John Hancock’s retirement app. See the directions below and on our Company Benefit Website, Dittaent.com 
2. Schedule an appointment with Susan Naylor from Merril Lynch to discuss options. To schedule an appointment,  reply to this email  – I want to schedule a time with Susan Naylor to discuss 401(k) options. We suggest employees discuss their options with Susan and her team before picking an investment plan. 
3. Opt-Out by filling out the “Opt Out Form”. These forms are attached and available on our Company Benefit Website, Dittaent.com, or you can get a printed copy from the payroll office.

If you currently have a Simple IRA account through us, you must meet with Susan Naylor to discuss your options in moving the money to the new 401(k) plan. 

Entry dates are Jan 1st and July 1st. If you opt-out now and decide to participate later, please let us know and register online using the John Hancock link below or contact Susan Naylor to schedule your appointment.  If you are not eligible now, you will get this email again in April after you are eligible for the next entry date. 

Deadline is December 31, 2024. We would like everyone to have everything set up & turned in by the end of November if you don’t want us to keep contacting you to do one of the action items above. 

IF YOU DO NOTHING AT ALL, YOU WILL BE AUTOMATICALLY ENROLLED, AND 6% CONTRIBUTIONS WILL BEGIN TO BE WITHHELD FROM YOUR PAY AND CONTRIBUTED TO YOUR PLAN ACCOUNT. THE MONEY WILL BE INVESTED IN THE DEFAULT INVESTMENT. SEE PLAN DOCUMENTS FOR MORE INFORMATION. 

For a copy of all Plan Documents - below

We have chosen John Hancock Retirement Plan Services along with Merrill Lynch and Susan Naylor’s Team as our Advisors. You may contact Susan at any time by calling her office and scheduling your own appointment instead of coming into our office on the scheduled days in November.  

Susan Naylor

Merrill - The Naylor Group
2000 Browns Lane Access, Jonesboro, AR 72401
870.933.1336 | toll free 877.268.5904

It's never too early (or too late) to start saving for retirement. Participating in our company's retirement plan can provide you with key benefits, including convenient payroll deductions, potential tax savings, and more. 

Thanks,
Anna Ditta
amditta@dittainc.com