About the Plan

Deferrals

The Deferred Compensation Plan allows you to defer base pay and bonus. These elections are made separately during two different annual enrollment windows.

If you want to participate, you must make a deferral election during the respective enrollment window.

BASE PAY

Each year in November you can enroll to defer:

• BASE PAY: Between 1% and 50% of your annual base pay

BONUS

Each year during a window in August you can enroll to defer:

• BONUS: Between 1% and 100% of your fiscal year bonus (paid the following year)

Newly hired or eligible after the base pay enrollment window closes
If you are newly hired or become eligible after the base pay enrollment window closes and before the bonus pay enrollment window opens, you can elect to defer between 1% and 50% of base pay during the first 30 days after your eligibility date.

Newly hired or eligible after the bonus enrollment window closes
During the first 30 days after your eligibility date you can defer:

• Between 1% and 50% of your annual base pay, and
• Between 1% and 100% of any bonus you will earn in the fiscal year

Note that if you become eligible and make a base and/or bonus deferral election prior to the corresponding enrollment window, you'll also need to make an election during each enrollment window to participate for the plan year.

Key information

about the enrollment window:
November 1 - 30, 2023