Disney 401k

[wedway71]

Does anyone know how the Disney 401k is?

Do they match and how much?

I heard that they match Disney stock for every dollar you put into the plan?

 

[Pioneer Hall]

From my 2008 benefit packet...

You need to be at least 18 and have 90 days of service in order to enroll in the Disney Savings and Investment Plan. You can contribute up to 20% of your eligible pay on a pre-tax basis up to the annual IRS contribution limit ($15,500 for 2008). Participants age 50 and over can contribute up to $5,000 each year. After one year of service, the company matches $.50 for every $1.00 you contribute up to the first 4% of your pay. You are immediately 100% vested in all contributions.

You can select a mix of 27 available investment options to suit your retirement goals, age, and risk tolerance, according to the following chart:

Short Term Investment-Fidelity Institutional Money Market Fund

Bond- PIMCO Total Return Fund

Stock- Domestic Equities (10 funds), Fidelity Diversified International Fund, Disney Common Stock Fund

Lifecycle- Fidelity Freedom Income Fund, Fidelity Freedom Funds

Asset Allocation- Fidelity Asset Manager 50%

 

[wedway71]

From my 2008 benefit packet...

You need to be at least 18 and have 90 days of service in order to enroll in the Disney Savings and Investment Plan. You can contribute up to 20% of your eligible pay on a pre-tax basis up to the annual IRS contribution limit ($15,500 for 2008). Participants age 50 and over can contribute up to $5,000 each year. After one year of service, the company matches $.50 for every $1.00 you contribute up to the first 4% of your pay. You are immediately 100% vested in all contributions.

You can select a mix of 27 available investment options to suit your retirement goals, age, and risk tolerance, according to the following chart:

Short Term Investment-Fidelity Institutional Money Market Fund

Bond- PIMCO Total Return Fund

Stock- Domestic Equities (10 funds), Fidelity Diversified International Fund, Disney Common Stock Fund

Lifecycle- Fidelity Freedom Income Fund, Fidelity Freedom Funds

Asset Allocation- Fidelity Asset Manager 50%

Thanks for the info!!!!

 

[Hrudey3032]

You getting on at Disney Wedway???

 

[wedway71]

You getting on at Disney Wedway???

I just got hired on as Vice President to spearhead the new Disneyland merchandise team for Shanghi park.......



Ok just kidding...... I was just curious about their 401k plan just in case....

 

[Hrudey3032]

I just got hired on as Vice President to spearhead the new Disneyland merchandise team for Shanghi park.......



Ok just kidding...... I was just curious about their 401k plan just in case....

Just remember when you do that you must only look at my signature to remember your chief of security.

 

[golden redhead]

From my 2008 benefit packet...

You need to be at least 18 and have 90 days of service in order to enroll in the Disney Savings and Investment Plan. You can contribute up to 20% of your eligible pay on a pre-tax basis up to the annual IRS contribution limit ($15,500 for 2008). Participants age 50 and over can contribute up to $5,000 each year. After one year of service, the company matches $.50 for every $1.00 you contribute up to the first 4% of your pay. You are immediately 100% vested in all contributions.

You can select a mix of 27 available investment options to suit your retirement goals, age, and risk tolerance, according to the following chart:

Short Term Investment-Fidelity Institutional Money Market Fund

Bond- PIMCO Total Return Fund

Stock- Domestic Equities (10 funds), Fidelity Diversified International Fund, Disney Common Stock Fund

Lifecycle- Fidelity Freedom Income Fund, Fidelity Freedom Funds

Asset Allocation- Fidelity Asset Manager 50%

I'm in the business and this is a nice match that appears to have no vesting schedule. I wish I was eligible, but the 401k is not offered to every employee....

golden redhead, QKA