401(k) Retirement Plan

Saving for retirement is an important part of financial planning. Acadia sponsors a 401(k) Plan through Fidelity to help you build your nest egg through a variety of investments.

Eligibility

You are eligible to participate in the 401(k) plan at the beginning of each month. When you enroll, you may designate beneficiaries and allocate your asset distribution at any time throughout the year. You do not need to wait for open enrollment to make changes.

401(k) Contributions

• You: Contribute on a pre-tax and/or post-tax (Roth) basis through payroll deductions up to the 2025 annual IRS maximum of $23,500. If you are age 50+, you can contribute an additional $7,500.
• Acadia: Matches your eligible contributions dollar-for-dollar up to 5%.

Your personal contributions and Acadia’s contributions are always 100% yours to keep. Get involved in your investment strategy by selecting options that make sense for your age and risk tolerance. Do that and more at 401k.com.

Is a Roth 401(k) Right for You?

Acadia offers the option to contribute to a pre-tax 401(k) or an after-tax (Roth) 401(k). The key difference between the two options is the tax treatment. Unlike a traditional pre-tax 401(k), the money you put into your Roth 401(k) is taxed when it’s deposited. Since Roth 401(k) contributions are made on an after-tax basis, the money you withdraw is not taxed.

Consider a Roth 401(k) if:

• You expect to be in a higher tax bracket when you retire than you are now.
• You want the comfort of knowing the money you withdraw in retirement will not be taxed.
• You plan to hold the account for at least five years before taking distributions—early distributions may come with hefty penalties.

Note: Acadia contributions to your 401(k) are made on a pre-tax basis and will be taxed when distributed.

Helpful Tips on Saving for Retirement

• Start saving as soon as possible to grow your retirement account.
• Begin with small contributions, if necessary, and increase contributions over time.
• Make setting aside money for retirement a habit.
• Understand investment returns may fluctuate.
• Let it sit. Avoid penalties by leaving funds in your 401(k) until retirement.
• If you change jobs, you can roll over your retirement account.