Entertainment Industry Flex and 401k Plan Information
Listed below are just some of the benefits availiable through the Entertainment Industry Flex and 401k plans. For complete details as well as contact information for the plan administrators visit their inter linked websites. Home page of the 401k plan or home page of the Flex plan.
Entertainment Industry 401k Plan
- The Entertainment Industry 401(k) Plan was created to provide Retirement Benefits for "Daily Hire" Union Members in the Entertainment Industry.
- The Entertainment Industry 401(k) Plan is the companion plan to the Entertainment Industry Flex Plan (health benefits) under the Entertainment Industry Benefit Plans umbrella.
- This plan is a self-directed plan. Each participant may choose between the investment options as well as a US Treasuries Fund.
- The investments are handled by Fidelity Investments.
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Contributions may be from one of three sources:
- 1 Employer Contributions
- 2 Employee Pre-tax Contributions
- 3 Employees may put additional funds into their account
on an after tax basis, simply by writing a check to the
401(k) Plan.
- Balances may be checked 24 hours a day through the internet or by calling a toll-free number with a PIN (personal identification number). Investment elections may be changed through our Member Services Department.
- There is no cost for trades involving these funds by members of this plan.
- Members will receive quarterly statements from the 401(k) Plan detailing employer contributions and payments as well as investment activity and performance.
Entertainment industry Flex Plan
- The Entertainment industry Flex Plan was established in 1985 to provide Health and related benefits for "Daily-Hire" Union employees working under Collective Bargaining Agreements in the Entertainment Industry.
- The Flex Plan provides benefits to more than 14,000 union members Nation wide.
- The Entertainment Industry Flex Plan is an employee benefit plan which combines both Employer Contributions and employee Contributions to fund a full array of benefits, including welfare benefits such as medical, disability, life insurance and dependent care assistance.
