401(k) Retirement Plan

Jabil gives you free money to help you invest for the future by matching up to 4% of what you contribute to the 401(k) Retirement Plan: 100% of the first 3% of eligible compensation you contribute and 50% of the next 2%.


Your options: Make your own contribution choices, keep automatic 5% contribution or opt out of automatic enrollment (when eligible).

Contribution Options

  • Pre-tax and/or after-tax Roth contributions, between 1% and 75% of your eligible compensation, up to $20,500 for 2022
  • Catch-up contributions if you are age 50 or older during the calendar year, up to $6,500 for 2022

 

To receive the full match, contribute at least 5%. You’re immediately vested in (own a right to) both your and Jabil’s contributions, even if you leave Jabil. You can enroll, change your contribution rate or investment direction, or cancel your participation at any time through Merrill Lynch or call 800.228.4015.

Automatic enrollment

  • If you don’t want to participate in the Plan, contact Merrill Lynch during the 30-day opt-out period.
  • If you take no action, Jabil automatically enrolls you 30 days after you receive your eligibility notice.
    • Beginning with the first payroll cycle (following the 30-day opt-out period), 5% of your eligible compensation will be deducted from your paycheck on a pre-tax basis. Your first contribution will begin approximately 60 days after the date in your eligibility letter.
    • Your contributions will be invested in a Vanguard Target Retirement Fund based on your year of anticipated retirement at age 65.

Benefits Effective Dates

If hired…

Benefits are effective…

December 3, 2021 – January 2, 2022

February 1, 2022

January 3, 2022 – January 31, 2022

March 1, 2022

February 1, 2022 – March 2, 2022

April 1, 2022

March 3, 2022 – April 1, 2022

May 1, 2022

April 2, 2022 – May 2, 2022

June 1, 2022

May 3, 2022 – June 1, 2022

July 1, 2022

June 2, 2022 – July 2, 2022

August 1, 2022

July 3, 2022 – August 2, 2022

September 1, 2022

August 3, 2022 – September 1, 2022

October 1, 2022

September 2, 2022 – October 2, 2022

November 1, 2022

October 3, 2022 – November 1, 2022

December 1, 2022

November 2, 2022 – December 2, 2022

January 1, 2023

Coming Soon

4 Ways to Connect

  1. jabilbenefits.hrintouch.com
  2. 844.267.2359 (8 a.m. – 8 p.m. ET, Monday – Friday)
  3. Myjabilbenefits@benefitfocus.com
  4. Benefitfocus mobile app: BenefitplaceTM

 

What you can do:

  • Get benefit plan details, eligibility requirements and 2022 rates
  • Use tools to help you compare plans
  • Add/update beneficiaries
  • Add or remove dependents
  • Enroll or update your benefits
  • Talk with trained customer service professionals (language line is available if English isn’t your first language)