Retirement

Thrift Plan - 401(K)

With H.B. Fuller's 401(K) Thrift Plan, you can build retirement savings through contributions of your own, as well as with matching contributions made by the company. Under the plan H.B. Fuller will match your contribution dollar-for-dollar up to 4 percent of your eligible earnings. You may begin contributing up to 25 percent of your income on a pretax basis (subject to IRS annual contribution and compensation limits) shortly after you begin work for the Company. Additionally, if you are age 50 or more in the current year, you are allowed to contribute an additional annual catch-up contribution up to the plan.

Employees hired or rehired after 1/1/2007 are eligible for a separate annual retirement contribution to the 401(K) Thrift Plan of up to 3% of pay. This contribution will be in addition to the company’s matching contribution of up to 4% of eligible earnings. You become fully vested in this benefit after completing three years of vesting service.




© 2008 H.B. Fuller