Drivers Retention & Rewards
Prime Retention & Rewards Program Executive Summary
PLAN DESIGN
Effective Date: August 1, 2002
Eligibility: Ind. Contractors
Contributions: Discretionary
Vesting: 100% after 10 years of vesting credit (vesting credits are Determined by New Prime Inc.)
Distribution: Lump sum or Installments up to 25 years
BENEFIT PAYMENTS
Upon:
- Death
- Disability
- Normal Retirement
REPORTS AND INFORMATION
- Annual Statements
- Information at (800)246-2104 for plan account balances, investment allocation and performance.
- Internet access at www.ebsnq.com
- Plan administered by corporation
CONSIDERATIONS
- No Loan Provisions
- No Rollover Provisions
- Contractual Promise to Pay Benefits
- Assets are owned by the corporation and are subject to the claims of creditors
INVESTMENT ACCOUNT OPTIONS
- Invista Capital Mgmt. Large Cap Stock Index
- Morgan Stanley Asset Allocation
- 8% interest per annum compounded annually
ASSISTANCE
UBS PaineWebber's One Ward Parkway Group is a team of 15 professionals available to assist you with investment selections, questions about how the plan operates, and navigating the plan's automated systems. They can be reached at (800) 246-2104.
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PRIMEINC.
2740 N. Mayfair - Springfield, MO 65803
