Services for Legends Gaming, LLC. December 2018 1 Plan - - PowerPoint PPT Presentation

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Mar 26, 2023 217 likes •402 views

Old Second Retirement Plan Services for Legends Gaming, LLC. December 2018 1 Plan Highlights Pre-Tax and Roth Deferrals Available Company Matching - $0.25 Cents on $1.00 on the first 6% of contributions Automatic Enrollment

SLIDE 1

Old Second Retirement Plan Services

for

Legends Gaming, LLC.

December 2018

SLIDE 2

Plan Highlights

Pre-Tax and Roth Deferrals Available
Company Matching - $0.25 Cents on $1.00 on

the first 6% of contributions

Automatic Enrollment effective January 1, 2019
Default Percentage 3% Deferral into Default Fund
Eligibility: Age 21 and 3 Months of Service for

deferral & match

Hardship Loan is available
Vesting – 4 Year Vesting Schedule
Questions – Contact Sean O’Connor

SLIDE 3

Plan Updates

Investment Options available
Electronic Confirmations are now available
Electronic Statements are available
Estimated Monthly Retirement Income on

Participant Statements

Mobile App for Retirement Accounts
Account Projector Calculations on Website
Personal Rate of Returns online

SLIDE 4

You can save more….

Fast Food $20/week = $130,037 Coffee $15/week = $97,528 Movie Rentals $12.50/week = $75,000

SLIDE 5

Small increases pay large returns

2% 4% 6% Monthly Contribution $50 $100 $150 In 10 years $9,208 $18,417 $27,625 In 20 Years $29,647 $59,295 $88,942 In 30 Years $75,015 $150,030 $225,044 * Employee who earns $30,000, average annual return of 8%, compounded monthly

SLIDE 6

Savers Credit

If your adjusted gross income does not

exceed in 2019:

$64,000 ( Married Filing Jointly)
$48,000 (Head of Household)
$32,000 (Single or Married filing separately)

You qualify for Saver’s Credit!

SLIDE 7

Participant Home Page - Participants will find simply

constructed, intuitive menus.

SLIDE 8

Future Investment Elections

SLIDE 9

Existing Balance Transfers

SLIDE 10

Automatic Rebalance

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SLIDE 14

Legend Gaming, LLC Plan’s Investment Options

Large Cap Value Van Kampen Growth & Income OSNB Strategic Dividend Fund Large Cap Blend Schwab S&P 500 Large Cap Growth T-Rowe Price New America Growth Mid Cap Value AllianceBern Discovery Value A Mid Cap Blend Dreyfus Mid Cap Index Mid Cap Growth *Neuberger Berman Mid Cap Growth Small Cap Value Goldman Sachs Sm Cap Value Small Cap Blend Schwab Small Cap Index Small Cap Growth Eagle Small Cap Growth International *PNC International Core Equity Oppenheimer International Growth Emerging Mkts American Funds New World Life Stage Fund American Fds American Bal (Continued)

SLIDE 15

Legends Gaming, LLC Plan’s Investment Options

Fixed Income Funds Metropolitan West Total Return Metropolitan West Low Duration Bond Money Market Funds Schwab Bank Savings Target Date Funds T Rowe Price Retirement 2016 - 2020 T Rowe Price Retirement 2026 - 2030 T Rowe Price Retirement 2036 - 2040 T Rowe Price Retirement 2046 – 2050

SLIDE 16

Enrollment/Election Form

SLIDE 17

Beneficiary Form

SLIDE 18