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Retirement Savings

We offer employees both 401(k) and 403(b) retirement savings plans.

The 401(k) plan will allow the employee to build their retirement savings in three ways.

Employer Contribution
CHLA will contribute (base contribution) 1% of gross pay after one plan year (1,000 hours) of employment.
Pre-tax Salary Deferrals
Employees are allowed to defer an amount ranging from 1% to 50% up to the IRS statutory limits. Employees may begin contributions on their first day of employment.
Employer Matching Contribution
We will contribute a 100% matching contribution on employee salary deferrals up to maximum which is equivalent to 3% of the employees pay each pay period after one plan year (1,000 hours) of employment.

We also offer a 403(b) plan to employees. For more details, please contact your recruiter or Human Resources.