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NTESS Savings and Income Plan Summary Plan Description

Mitchell, Leah J.; Lee, Connie L.

National Technology & Engineering Solutions of Sandia, LLC (NTESS) is pleased to sponsor the NTESS Savings and Income Plan (401(k) Plan), formerly known as the Sandia Corporation Savings and Income Plan, which is designed to help you build financial resources for the future. The 401(k) Plan can be an important part of saving for your retirement. This Summary Plan Description (SPD) explains how to determine if you are eligible to participate in the 401(k) Plan by saving directly from your wages, if you are eligible to receive employer contributions, when you may make withdrawals from your 401(k) Plan Account, and other important information about the 401(k) Plan. More detailed information is contained in the official NTESS Savings and Income Plan document, which governs the operation of the 401(k) Plan. In the event there is or appears to be any discrepancy between the terms of the 401(k) Plan document and this SPD, the terms of the 401(k) Plan document control.