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401K

GMS recognizes the importance of saving for retirement and offers eligible employees a 401(k) plan through American Funds. After one year of full-time employment an employee becomes eligible to make elective deferrals to the 401(k) plan. GMS offers a matching contribution equal to 100% of the employee’s elective deferral, up to 3% of the employee’s compensation for the calendar year.

GMS offers a matching contribution equal to the employee’s elective deferral, up to 4% of the employee’s compensation for the calendar year. Elective deferral amount and fund allocations
can be changed at any time once the account is established.

 

Additional 401K Information:

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