RETIREMENT

Learn More about saving for the future

Investing 101

Start building a stronger tomorrow—your retirement journey begins today!

Build your future with confidence. Through the PharmaLogic 401(k) Plan, administered by Fidelity, you can save directly from your paycheck and invest for long-term financial security.

PharmaLogic helps boost your savings with a dollar-for-dollar match up to 4% of your eligible pay. Contribute 4%, and you’ll receive the full 4% company match—instantly doubling what you save.

Even better, you’re 100% vested right away, so every dollar—yours and ours—belongs to you from day one.

All employees are eligible. After your first paycheck processes, log in to Fidelity to choose how much you’d like to contribute each pay period.

You are in control of your future. You choose how much to contribute to your retirement and can invest in a variety of funds, including a Target Date Fund that automatically adjusts investments based on your expected retirement year. Contributions can be made on a pre-tax or Roth (after-tax) basis, and you may change your contribution amount at any time.

In addition to your regular paycheck contributions, you can make a separate 401(k) election for bonuses. Bonus contributions are also eligible for the dollar-for-dollar company match up to 4%, allowing you to decide independently how much—if any—of your bonus to invest toward retirement.
You can also designate and update your beneficiaries at any time to keep your account information current.

Ways to Contribute

SECURE 2.0 Highlights Roth Catch-Up Requirement

If your prior-year FICA wages exceeded $150,000, any age 50+ catch-up contributions must be made as Roth. If you’re eligible for catch-up contributions, the plan will automatically switch your contributions to Roth catch-up after you reach the standard 401(k) annual limit. If you do not wish to make catch-up contributions, adjust your contribution election so that your total annual deferrals do not exceed the standard IRS limit.

Pre-tax 401(k): Contributions are made before federal income taxes (and state income taxes in most states). Taxes are generally paid later when you take distributions in retirement.

Roth 401(k): Contributions are made after taxes are withheld. Qualified distributions are generally tax-free under current tax law

Need to make a change or enroll?

IMPORTANT: You can conveniently update and manage your retirement plan beneficiary designations online click on the link under “your profile,” and then click on the “Beneficiaries” link.

This site provides highlights of the current policies and benefits at PharmaLogic as they apply to eligible employees. Complete details of the plan can be found in the legal documents. If there is any difference in the information on this website and the legal plan documents, the legal plan documents govern. PharmaLogic reserves the right to terminate, suspend, withdraw, amend or modify any of the plans or policies at any time for any reason.