Valassis 401(k) FAQs In the coming weeks, you will receive more details regarding the new 401 (k) plan offered to associates. Here are a few FAQs for your reference. 1. How will my 401(k) plan be impacted by this transition? You will have the option to defer money into the Harland Clarke Corp. 401(k) Plan through Merrill Lynch. Current account balances at J.P. Morgan (Great West Financial) will be mapped to similar funds at Merrill Lynch and transferred at the end of the year. In order for this to occur, there will be a short “black out period” where you will not be able to make changes to your investment options or deferral elections. The blackout period will occur at the end of the year. More information about Merrill Lynch, fund mapping and the blackout period is forthcoming. 2. Will I receive 401(k) matching contributions? Yes. The company matches 100% on the first 3% that you defer and 50% on the next 2% you defer for a total of 4%. The schedule is below: Deferral % 1.00% 2.00% 3.00% 4.00% 5.00% Company Match 1.00% 2.00% 3.00% 3.50% 4.00% 3. When will I be vested under the 401(k) plan? The company’s 401(k) plan is a “safe harbor” plan which means your matching contributions will be immediately 100% vested as well as any non-vested balances that are transferred from J.P. Morgan. 4. Will I still receive a profit-sharing contribution from Valassis for 2014? Yes, this contribution will be made into your new retirement plan account with Merrill Lynch in the first quarter of 2015 if you are eligible to receive the 2014 profit-sharing contribution. 5. Will I still be able to contribute to a 401(k) Roth account? Not at this time. The HCHC 401(k) plan does not have a Roth option but will be implementing Roth in mid2015. In the meantime, your Roth contributions will be transferred to Merrill Lynch and designated as Roth (after-tax) contributions. To ensure you receive matching 401(k) contributions on the first payroll in 2015, you must change your current election to a pre-tax election with J.P. Morgan (Great West Financial) prior to the blackout period in December. 6. Will I still be able to contribute to a Self-Directed Brokerage (SDA) account? No. Participants in this option have been notified and given instructions on how to liquidate their accounts and must do so by December 12, 2014 for the conversion to Merrill Lynch. If you need help, you can reach the SDA service center at 1-800-776-6061 weekdays between 8 a.m. and 7 p.m. Eastern Time. You may also contact the plan’s financial advisors, the FDG Group of UBS Financial Services, Inc. at 888-435-6930. Page 1 of 1 valassis.com • Tel 734.591.3000