STD PLHIGH ][ 01/05/26 )( 371094-01 NO_GRPG 126407/ ][ GP19 DOC ID: 1015183845 )( Page 1 of 2 Snellings Walters Insurance Agency Wealth Accumulation Plan Features and Highlights Read these highlights to learn more about your Plan. If there are any discrepancies between this document and the Plan Document, the Plan Document will govern. About the 401(k) Plan A 401(k) plan is a retirement savings plan designed to allow eligible employees to supplement any existing retirement and pension benefits by saving and investing through a voluntary salary contribution. Contributions and any earnings on contributions are tax-deferred until money is withdrawn. Eligibility Requirements Employee Before Tax To enroll in the Plan, employees must meet the following criteria: • Age 21 or older • Completed 6 month(s) of service Eligible employees may enroll quarterly, January 1, April 1, July 1, October 1 of each year. Safe Harbor Employer Non-elective Contribution To enroll in the Plan, employees must meet the following criteria: • Age 21 or older • Completed 6 month(s) of service Eligible employees may enroll quarterly, January 1, April 1, July 1, October 1 of each year. Profit Sharing To enroll in the Plan, employees must meet the following criteria: • Age 21 or older • Completed 6 month(s) of service Eligible employees may enroll quarterly, January 1, April 1, July 1, October 1 of each year. Please contact your Plan Administrator for information regarding excluded employees. Enrollment Once you are eligible to participate in the Plan, you will be automatically enrolled at a: • Before Tax rate of 6% Also, your contribution rate will automatically increase: • Before Tax percentage of 1% annually until you reach: • Before Tax percentage of 12% Unless you select a different deferral amount or choose to opt out of the Automatic Enrollment during the 30 day wait period prior to your participation date. If your Plan allows, you may change your deferral amount or opt out via the web or by calling the Voice Response System. Contribution Limits Before Tax In 2026, the Before Tax amount is between 1% and 100% of your compensation or $24,500.00, whichever is less. Participants turning age 50 or older in 2026, may contribute an additional $8,000.00. Participants who are age 60-63 during the calendar year in 2026, may contribute the age 50 limit plus $3,250.00. Roth The Roth option will give you the flexibility to designate all or part of your 401(k) elective deferrals as Roth contributions. Roth contributions are made with after-tax dollars, as opposed to the pre-tax dollars you contribute to a traditional 401(k). In other words, with the Roth option, you've already paid income taxes on money you contribute. With the traditional 401(k), your contribution is made on a pre-tax basis and you pay income taxes only when you take a distribution. If your FICA compensation (in Box 3 of your Form W-2) as of December 31, 2025 exceeded $150,000.00, then all of your age catch-up contributions must go into Roth. Employer Contributions Safe Harbor Employer Non-elective Contribution Your Plan may contribute a safe harbor employer non-elective contribution of 3% of included compensation. Profit Sharing Your Plan may provide for a profit sharing contribution in an amount to be determined by your employer. To be eligible for the profit sharing contribution into the Plan, employees must meet the following criteria: • Employed on the last day of the Plan year Vesting Schedule Vesting refers to the percentage of your account you are entitled to receive upon the occurrence of a distributable event. The value of your contributions to the Plan and any earnings they generate are always 100% vested (including rollovers from previous employers). The safe harbor employer non-elective contribution is immediately 100% vested. The value of employer profit-sharing contributions to the Plan, and any earnings they generate, are vested as follows: Years of Service Vested Percentage of Employer Contributions 0 - 1 Year(s) 0% 1 - 2 Year(s) 20% 2 - 3 Year(s) 40% 3 - 4 Year(s) 60% 4 - 5 Year(s) 80%