23 Benefits
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Full-time Employees Benefits
Benefits
Page Title
401(k)
Last updated
After 3 months of employment at Banzai, you are eligible to enroll in the 401(k) plan. The 401(k) is a retirement savings option that allows you to allocate a portion of your paycheck into a long-term investment account.
Banzai will match your contributions up to 5%. You can choose from various investment options.
Enrolling in the 401(k) plan is optional.
Banzai will match your contributions up to 5%. You can choose from various investment options.
Enrolling in the 401(k) plan is optional.
Highlights
Choose Your Investments
Contributions Vest Full After 2 Years
5% Match
Frequently Asked Questions
- Is my contribution a set dollar amount or percentage?You can select either a percent or dollar amount. Limits on employee contributions are set by the IRS. The maximum contribution for employees under age 50 is $23,000 per year, and for those 50 and older the limit is $30,500. If that amount is reached, your contributions will be put on hold until the next calendar year.
- I’m still a bit confused—is there someone I can call for personalized advice?Yes! Call or email our financial advisor: 801.984.8000—Captrust Front Desk, ask for Brett. brett.johnson@captrust.com
- I’m a new employee—when can I sign up for Banzai’s 401(k)?You are eligible to participate in Banzai’s 401(k) plan after 3 months of employment. Participating in the plan is optional.