Retirement Plan

Home Financial Retirement Plan

Ferrotec’s 401(k) Plan powered by The Sentinel is designed to help you build a strong foundation for your financial future — whether you’re early in your career or nearing retirement.

 Your Contributions

  • You can contribute up to 100% of your regular pay or bonus compensation to your 401(k) up to the annual IRS limits.
  • If you are age 50 or older, you may contribution an additional $8,000 annually as a catch-up contribution.
  • If you are age 60-63, you may make an additional catch-up contribution up to $11,250.
  • You are always 100% vested in your own contributions and associated investment gains.

Ferrotec Contributions

Ferrotec may contribute at their discretion. If you have any questions or need any assistance, please contact the plan’s advisor, OneDigital, at guidance@onedigital.com.

Annual Contribution Limits

  • Limits for 2026:
    • Annual contribution limit: $24,500
    • Catch-up contributions (if eligible):
      • Age 50-59 or 64+: Up to an additional $8,000
      • Age 60-63: Up to an additional $11,250

For more information, watch this short overview of your Ferrotec Retirement Plan and schedule an appointment with a One Digital Financial Advisor.