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MAI Retirement Planning

Retirement Planning

401(k) Plan
MAI's 401(k) Profit Sharing Plan allows employees to contribute up to 100% of earnings on a pre-tax basis, subject to IRS limits. The company will match $.50 for each $1.00 the employee contributes on up to 6% of the employee's compensation. Employees are immediately vested in matching contribution and are able to choose from over 30 different investment options. Employees may participate in the plan on the first day of the month following their employment date.

Profit Sharing Plan
MAI's 401(k) Profit Sharing Plan gives employees the opportunity to share in the company's profitability. The company makes discretionary profit-sharing contributions on an annual basis.