FAQ's

10. WHEN WILL I RECEIVE MY QUALIFIED SAVINGS PLAN STATEMENT?

The Plan’s fiscal year ends June 30, and the annual Fund audit takes several months to complete.  After the audit is completed, the accountants prepare a Summary Annual Report (SAR) to be mailed with the Annual Statements.  The Plan’s Fund office then prints, prepares and mails the statements, SAR and any other notices of changes concerning the Fund to all active Plan Participants. 

·        The Annual Statement is usually mailed mid to late October.  The Annual Statement you receive in October is the only one you will receive that will show your contributions for an entire fiscal year, as well as your balance and any net investment earnings. 

·        Participants who work between July and December will also receive a semi-annual statement that is intended only for checking hours worked for that period; these are mailed the following March or April.