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401(k) Plan Details DTI is pleased to offer a 401(k) Plan to assist employees with their future retirement planning needs. Participants are eligible for the DTI plan on the first of the month following the completion of 90 days worked. Transitioning employees who have met DTI plan eligibility requirements based on their Merrill service date will be eligible to participate in the DTI 401(k) plan. If you meet that eligibility, you will be able to make contribution elections with Fidelity that may begin on your first DTI paycheck. Further information on DTI’s plan and investment options with Fidelity is available in Vantage under the My Company tab/Resources and also on the Fidelity website once your access to the DTI plan has been established. When is the earliest I can start contributing to the DTI 401(k) plan? Once your access to the DTI plan has been established with Fidelity during the first week of June, you will be able to create your login and password. If you participated in the Merrill plan and already have a Fidelity login, it will remain the same for your account with DTI, as your existing account will simply be linked to the DTI plan. You will then have access to make a contribution election for pre‐tax and/or Roth contributions to the DTI plan. Your contribution elections feed to DTI Payroll weekly and may take 1‐2 pay periods to be processed and deducted from your DTI paycheck. You may make changes as often as you like to your contribution elections. Please note: you will have to login to Fidelity and make your DTI plan elections by June 11, 2015 to meet the payroll cut‐off for your first DTI paycheck on June 19, 2015. How can I rollover my Merrill 401(k) Plan to the DTI 401(k) Plan? Since DTI and Merrill share a common record keeper in Fidelity Investments, DTI will provide assistance in rolling over accounts and minimizing the effort required of employees to manage this transition. The DTI Benefits team has a rollover election form that you can complete and return by July 10, 2015 which will be located on ADP Vantage. All forms received by that date will be processed by Fidelity and all rollovers will be effective on August 1, 2015. I have an active 401(k) loan – how do I rollover the loan to the DTI plan? If you elect to rollover your entire account balance into the DTI plan, you may roll over your loan as well. In order to rollover you loan, DO NOT CONTACT Fidelity to request a distribution or rollover from the Merrill plan. If they process your distribution, you will be unable to rollover your loan. The loan rollover should be handled directly with the DTI Benefits team. You will complete an enrollment form that instructs Fidelity to rollover your plan balance from your Merrill 401(k) plan to the DTI 401(k) plan AND rollover your remaining loan balance. You will have until July 10, 2015 to complete the loan rollover form. All forms received by that date will be processed by Fidelity and all rollovers will be effective on August 1, 2015. If you miss this deadline to elect a loan rollover, you will be unable to rollover your loan. No reamortization of your loan will be required unless the missed payments from your last Merrill paycheck and your first DTI paycheck after August 1 result in your payback period exceeding the allowable IRS payback period. If you choose not to roll over your account to the DTI plan, you will either need to pay your loan in full or continue to make payments directly to Fidelity or it will be deemed distributed as a taxable distribution. You will then owe taxes on that unpaid balance for your 2015 tax year. DTI 401(k) Profit Sharing Plan Match DTI has a discretionary 401(k) match. In 2015, this match will be $1 for $1 for employee contributions up to a maximum company match of $500 for 2015. Details on the Long Term Incentive Plan Contribution All Merrill employees who were active participants in the Merrill 401(k) plan and had an active contribution rate on file with Merrill on March 27, 2015 – the date that the Merrill Purchase Agreement was signed by DTI – will receive a one‐time contribution to the DTI Long Term Incentive Plan (LTIP). This contribution will be equal to the annualized 401(k) match equivalent that you would have received at Merrill based on your contribution rate on March 27, 2015. The contribution is, like the 401(k) Plan, a long term investment incentive and is subject to a 7 year vesting schedule. Equal taxable payments of the fund total value will distribute annually after the completion of 4 years of DTI service from June 1, 2015. The contribution will be distributed to all eligible employees in July 2015. Recipients will receive details directly on the amount of the contribution and how to access the LTIP account online and direct your funds into available investments. If you were not actively contributing on March 27, 2015 or were not employed by Merrill at that time, you will not be eligible for an LTIP contribution. In addition, you must be an active DTI employee at the time of the LTIP distributions to be eligible. 401(k) Assistance If you have questions regarding your 401(k) enrollment, you can email [email protected].