Retirement Plan

Samtec's Retirement Plan allows the Associate the opportunity to defer up to 75% of their wages pre-tax or post-tax under a Roth 401K, and Samtec matches up to the first 5% the Associate contributes. The Associate also has the option defer an additional 25% after-tax. In addition, the Profit Sharing portion of the program is a flat 7% contribution by Samtec on all wages an Associate earns. This amounts to a total retirement plan cont4ribution on the part of Samtec in the amount of 12% of gross wages for those Associates who take full advantage of the company match.