401(k) Plan

IES offers employees the opportunity to save for retirement through a 401(k) plan. To learn more about the terms, conditions, and advantages of this plan, please review the information below.

IES 401(k) General Information

  • IES 401(k) Plan

    IES partners with Empower to offer pre-tax and Roth 401(k) deferrals.

  • Plan Year

    January 1 – December 31

  • Plan ID

    517724-01

  • Eligibility

    Full-time and part-time employees are eligible to participate in the IES 401(k) Plan after 30 days of service following the date of hire.

    Leased, non-resident alien, and union employees, and residents of Puerto Rico, are not eligible to participate.

  • Enrollment

    Employees may enroll in the IES 401(k) Plan at any time during employment. Employees must enroll directly with Empower to participate.

    Employees can call 1-800-338-4015 for easy-to-use, automated telephone service to access retirement plan account information. Employees will need to provide: Social Security number, last name, date of birth, zip code, and numeric portion of street address to register and create a user ID and password. To speak to a representative, call Monday – Friday 9am to 8pm EST.

  • Online Access

    The Empower website connects employees to plan account information, statements, transactions, and final resource tools. Participants can enroll, change, revoke, or suspend contributions through the Empower website, mobile app, or by calling the participant call center.

    Website: www.empowermyretirement.com

    Mobile App:Download via the App Store or Google Play.

    • Click “Register”

    • Enter Social Security number, last name, date of birth, zip code, and numeric portion of street address

    • Enter email address and phone number

    • Create user ID and password

  • Informational Webinar

    IES provides an informational webinar on the 401(k) Plan here:
    Empower Enrollment Video: Enrolling in Your Plan
    Enrollment Plan Video: IES 401(k) Plan

  • 401(k) Contributions

    Contributions are voluntary and processed only through payroll deductions. The 401(k) Plan allows employees to contribute up to 100% of pay, less any mandated taxes, up to the IRS annual limit. Additionally, participants who are at least 50 years of age within the calendar year can make an additional catch-up contribution set by the IRS.

    Contributions may be made on a pre-tax basis, Roth (after-tax) basis, or any combination of both if the combined total does not exceed 100% of compensation per pay period up to the IRS annual limit.

    IES does not offer an employer match.

  • Vesting

    Employee salary deferrals are 100% vested.

  • Rollovers

    Rollovers from another qualified plan or IRA can be made by going to the “withdrawal” section of the Employer website. Restrictions are subject to the plan.

  • Distributions

    Funds are distributed upon retirement, death, disability, or termination of employment (with qualifying options).

  • Withdrawals

    Withdrawals are only allowed for those in service (59.5 years of age) or those in financial hardships (IRS regulations and plan limits apply).

  • IES Plan Investment Advisor

    IES partners with Assurance, a Marsh & McLennan agency, to monitor, benchmark, and advise on the plan and its investments. Assurance also provides education and guidance to participants on the plan including investments.

    Assurance is available to assist you with questions. Online resources, including articles, videos, and webinars on a variety of financial topics, are also available. Webinars can be viewed live, while past webinars can be viewed as playbacks.

    Educational Site: Assurance Retirement Edge
    Monthly Webinars: MMA Events
    Webinar Playbacks: Webinar Archive

    If you wish to speak to the IES Plan Investment Advisor directly, please contact the IES Benefits Team and we will connect you.

    IES Benefits Team

    Email: benefits@innovative-es.com
    Phone: 858-715-5100 x164

View a copy of the Innovative Employee Solutions 401(k) Enrollment Book.

Other important Documents that may be of interest to you are: 401(k) FAQ DS (R-26126),Investment Option Overview,ODIT Small Contributions Make a Big Difference DS (R-28191),ODIT OARS-SD 401(k) FAQ DS (R-26126),Retirement Basics Brochure (R-23952),Roth Participant Education DS (R-21054)

Our Mission

The mission of IES is to be a resource to our clients and employees, treating both with respect, and to ensure they are confident in our ability to provide accurate and timely payroll, invoicing, and benefits administration as the employer of record.
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