Evans Dedicated Systems Announcements
To All Employees:
401(k) Plan Update:
The Evans 401(k) Plan has begun the termination process with John Hancock (or “JH”). John Hancock began mailing the Plan termination packages on August 1, 2017 and you should have received your package now or will over the next several days. It is important for you to closely read their instruction letter dated July 31, 2017. You can verify information, update your address, ask questions, etc. at their website, www.jhpensions.com OR call JH at 1-800-395-1113. If you do not receive your termination package by August 31st, contact JH immediately as the liquidation date for all plan assets is September 15, 2017. If JH does not have your written instructions by September 15th , JH will rollover your assets directly into an IRA set up in your name at Millennium Trust Co. If you have a loan from your plan assets, then you have to have your paperwork returned to John Hancock by September 8, 2017. Please remember that you have a self-directed 401(k) account, and it is your responsibility to continue with your own investment elections. If you have investment questions, contact your investment advisor because John Hancock or the Company has not, does not and cannot offer you investment advice.
Payroll Status: Evans is actively working on resolving this but we have encountered unexpected challenges.