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Allegiant's 401(k) Retirement Plan
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Any company employee that has reached the age of 21 and has completed 6
months of service under our contract, is eligible for participation in
Allegiant's 401(k) retirement plan. This plan is classified as a
"noncontributory" plan, meaning that no matching funds are required from
either Allegiant Management or the Client Company. As a result, all funds
and accumulated interest are 100% vested or owned by the employee.
The Plan assets are managed by The New England, based in Boston,
Massachusetts. The New England has more than 50 years of pension
experience and is one of the country's largest money managers, administering
over 20,000 pension plans with over $60 billion in total assets. The New
England has been acknowledged for its superior financial condition and operating
performance by A.M. Best Company with a rating of A+ (Superior) and by Standard
& Poor's with a rating of AA-(Excellent).
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