401(k) Fund and Other Changes effective February 16, 2016
When the market closes at 4 p.m. Eastern time on February 16, 2016, RS Partners Fund Class A will no longer be available. As a result, all existing balances and future contributions will be automatically transferred to JPMorgan U.S. Small Company Fund Class A, a Small-Blend fund. If you are satisfied with how your current investment elections will be modified, no action is required on your part. Otherwise, you must contact Fidelity no later than February 15th to change your investments.
To access your account, visit Fidelity’s website at www.401k.com or call them at (800) 835-5097. You can view and print the most current Summary Plan Description on our website. Or, you can request a hard copy by contacting Benefits at (818) 972-8914 or (818) 972-0787.
Effective 2/16/16, the Plan Administrator has changed from TTT West Coast, Inc. to the Administrative Committee which is the same committee that serves as the Administrative Committee for the Time Warner Savings Plan.
Effective 2/16/16, the following clarification has been added to existing language:
Any individual who provides services as an independent contractor (with payments made from Cast & Crew or BTL Payroll either directly to the individual or to their corporation on their behalf), even if the individual is subsequently deemed to be a common-law employee for any other purpose, is excluded from this Plan.