Employee Handbook
Shepherd Electric Supply recognizes the importance of saving for retirement and offers eligible employees a 401(k) plan. Employees are eligible to participate in the Plan after 6 months of service and may join the Plans as of the next entry date, either January 1st or July 1st.
Shepherd Electric Supply matches 100% of the first 3% of eligible compensation and 50% of the next 2% of eligible compensation. The maximum company match is 4%.
Contributions, distributions, vesting, and all other matters relating to these plans are explained in the company Summary Plan Descriptions that can be obtained from Human Resources.