401(k) Eligibility
For Pretax Contributions
You are eligible to contribute a portion of your pretax pay to the Savings Plan as soon as you become an employee of an DallasNews Corporation company that participates in the Savings Plan (referred to as a “participating company”).
There is no age or service requirement before you can elect to make pretax contributions. Your contributions are deducted from your pay as soon as practical after you enroll in the Savings Plan.
If you do not make a contribution election, you are automatically enrolled in the Savings Plan.
For Discretionary DallasNews Corporation Contributions
In general, DallasNews Corporation may choose to make discretionary matching and/or discretionary profit sharing contributions to the Savings Plan. The decision to make these contributions and the amount of any contributions will be determined by DallasNews Corporation from year to year. You are eligible for discretionary DallasNews Corporation matching and profit sharing contributions under the Savings Plan if you:
Are employed by a participating company.
Look for More Information
Refer to the DallasNews Corporation Savings Plan Summary Plan Description (SPD), posted in the left nav, for more information about:
Participating companies
Eligibility (including information about excluded individuals and other requirements)
Automatic enrollment
Pretax contributions
Vesting
Discretionary DallasNews Corporation contributions
Other Savings Plan details