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Pasadena ISD |
Summary Plan Description |
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Plan Type |
Plan Administrator |
Excluded Employees |
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Internal Revenue Code |
JEM Resource Partners |
None |
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Section 403(b) |
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Plan Password for Enrolling Online |
Written Plan Effective Date |
Plan Year End |
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pasad403 |
1/1/2009 |
12/31 |
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Contribution Tax Treatment |
Contribution Sources |
Roth 403(b) |
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Pre-Tax |
Employee Only |
Not Available |
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Contribution Limit |
Catch-Up Contribution Limit |
Automatic Enrollment |
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$16,500 per year |
Available |
Not Available |
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Exchanges in Plan |
Transfer Into Plan |
Transfers Out of Plan |
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Available only with companies listed in Appendix I |
Available from another employers' 403(b) plan |
Not Available |
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Distributions |
Loans |
Automatic Distributions |
Available under the following conditions:
Separation of Service, Death, Disability, or Retirement |
Available, subject to availability and any additional conditions
applied by individual vendors |
Not Available |
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Hardship |
Disability |
Beneficiaries |
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Available if request meets IRS definition pursuant to 1.401(k) -1(d)(3)(iii)(B)
of the Income Tax Regulations |
Designated by each vendor and not
by the 403(b) plan. |
Designated by each vendor and not
by the 403(b) plan. |
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Administrative Fees |
Fees Paid By: |
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$1.50 per 403(b) participant per month, $150 per month minimum |
Employer |
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For more information please contact JEM Resource Partners, the Plan
Administrator |
