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401(k) Plan

PLANSPONSOR's® Best in Class 2018 Award

Ancestry's 401(k) plan is an easy and convenient way to save for your future—and now it's an award-winning one, too! PLANSPONSOR has just recognized Ancestry's plan with its 2018 Best in Class award, based on the plan's mix of investment options, its company-match rate, and the retirement-related guidance offered by CAPTRUST.

 

Don’t want to be broke in retirement? Then, start planning now.

With Ancestry’s 401(k) plan, administered by Empower Retirement, you can save and invest for your future using pre-tax funds where your contributions and any earnings are tax-deferred until you withdraw the money.

Based on your employment status, you're eligible to participate in our 401(k) plan on the first day of full-time employment. Nonresident aliens are not eligible. If you’re a temporary, seasonal, or intern employee, you’re generally eligible after one year of service. New employees are automatically enrolled in the 401(k) on their eligibility date with a 6% contribution amount. But you can change your contribution at any time! Within the first couple weeks after your start date, you’ll receive a letter from Empower with your account information and PIN. After the close of the first payroll period following your hire date, follow these instructions to access your account and get started.

Ancestry matches 100% of the first 3% of your base salary and annual bonus that you contribute, with no annual maximum (except for IRS limits), and vests at 25% each year.

Vesting Schedule

The money that Ancestry contributes to your 401(k), is subject to a vesting schedule. This means that you have to stay with the company for a certain amount of time before the money that Ancestry contributes to your 401(k) becomes yours.

Years of service Vested percentage
0 0
1 25%
2 50%
3 75%
4 100%

If you leave Ancestry before you’re fully vested, you will not be able to take all your matching funds with you.

Remember, money your contribute to your 401(k) is 100% yours at all times. No vesting schedule applies to your 401(k) contributions.

CAPTRUST

“Run your numbers.” “Start a diversified retirement plan.” “Keep it simple.” There’s a lot of advice out there when it comes to planning for retirement. Wouldn’t it be nice if there was someone to help you wade through all the dos and don’ts?

There is. CAPTRUST connects you with retirement specialists who give you unbiased retirement advice that targets your best interests—not theirs. And the service is free of charge to all Ancestry employees.

Get guidance on a range of retirement topics—from deferral rates to risk profiles and everything in between—and get objective answers to your questions. With CAPTRUST, you only get retirement education and advice—no pushing products, no selling whatsoever.

Prefer to do research on your own? CAPTRUST has an online resource center with calculators and other tools to help get you started. You can also access webinars created just for Ancestry employees and onsite group sessions in the Provo and San Francisco offices. And if you want truly personal attention, you can schedule individual onsite appointments or contact the dedicated advice desk.

Enjoy easy access! Use your PC, Mac, tablet, or mobile phone to access www.captrustadvice.com to book an appointment with a retirement counselor, attend live webinars, view archived videos, and access financial wellness information for every stage of your life.

Keep up to date and register to recieve CAPTRUST's Quarterly Magazine, Vested.

Representatives from CAPTRUST also make onsite visits to Ancestry throughout the year. Ready to get started? Call 800-967-9948 anytime.