Union employees participate in VNA’s 401(k) Savings Plan for Collectively Bargained Employees. For those unions whose CBA does not include a 401(k) automatic enrollment feature, please review these Union Plan Highlights for information on how to enroll and manage your account. For those unions whose CBA does provide for automatic enrollment, utilizing Vanguard’s One Step feature, please click HERE to review your Union Plan Highlights.
Please refer to your collective bargaining agreement, your Summary Plan Description (below), or contact Vanguard to determine which provisions of the VNA Plan apply to you.
Here is the list of Investment Options as of June, 2016.
The Employee Retirement Income Security Act (ERISA) requires plan administrators to provide a Summary Plan Description (SPD) to participants, describing their rights, benefits, and responsibilities under the plan in understandable language.
The SPD for the Veolia North America 401(k) Savings Plan for Collectively Bargained Employees can be found HERE.
The Internal Revenue Service periodically reviews tax-qualified retirement plans to determine whether they comply with Internal Revenue Code rules, which allow employers to provide tax-favored benefits to employees. In connection with the review process, Veolia North America is required to inform participants of their right to submit comments to the IRS and Department of Labor regarding the plan’s compliance with applicable Internal Revenue Code rules.
For additional information on this process, please read through this notice for the VNA 401(k) Savings Plan for Collectively Bargained Employees.
Please contact Vanguard Participant Services at (800) 523-1188 or online at vanguard.com/retirementplans.