RETIREMENT
The Chefs' Warehouse will continue to offer an employer-sponsored tax-advantaged 401(k) plan through Principal.
401(k)
The Chefs' Warehouse employees are eligible to start contributing to their 401(k) following the first 30 days of employment at age 21 and older.
- Employees have the option to contribute from 1% to 100% of their gross pay.
- Contribution percentages can be changed at any time.
- Each calendar year, tax laws limit pre-tax savings to a maximum dollar amount. The limit for 2024 is $23,000.
For each $1.00 that you contribute, up to 6% of your compensation, The Chefs' Warehouse will contribute 50%. This is a discretionary employer contribution and may be changed.
VESTING SCHEDULE
Employees are always 100% vested in the value of their own contributions
Any employer contributions made on behalf of the employee are based on the following vesting schedule:
