The SCAN 401(k) Plan makes it simple and rewarding to save for your future.



Taking steps to ensure your current and future financial security is an important part of your overall well-being. The SCAN 401(k) Plan helps you prepare for retirement by offering an easy, tax-advantaged way to save for your future financial needs.

Key Advantages at a Glance
Automatic company contributions.

SCAN will contribute a Non-Elective Safe Harbor contribution to your account whether or not you choose to contribute yourself (eligible the first pay date after 90 days of employment).

Company match.

SCAN will make an employer match of 50% of the first 4% of your contribution (eligible the first pay date after 90 days of employment).

Current tax savings.

You’ll pay less in income taxes when you make pre-tax contributions.

Tax-deferred investment growth.

With pre-tax contributions, your money has the potential to grow faster.

Wide range of investment choices.

Choose how you want to invest your money.

Convenient payroll deductions.

The SCAN 401(k) Plan makes it easy to save for your future through bi-weekly payroll deductions.

Eligibility and Enrollment

Employees are eligible to enroll after their first pay date by creating an account on the Empower Retirement website or by calling 1-866-467-7756. If you don’t take any enrollment action – either enrolling yourself or opting out – within 45 days of employment, you will be automatically enrolled at 4% of eligible compensation. Your pre-tax pay will be invested in the Target Date Fund that most closely matches your retirement date, based on an assumed retirement age of 65. You may change your contribution rate and investment elections at any time.

Enroll in the Plan

Get started by visiting the Empower Retirement website to view plan details and access forms and documents.

You must wait to receive your first paycheck from SCAN to set up your account access.

Check Your Progress

Log in to your Empower Retirement account to see your balance and use planning tools and calculators.

Make Updates

Easily change your contribution rate, investment selections, or beneficiary on the Empower Retirement website.


Your Contributions

You may contribute between 1% and 80% of your eligible pay to your plan account, up to annual IRS limits. In 2024, the IRS limits allow you to contribute up to:

  • $22,500 if you are under age 50
  • $30,000 if you're age 50 or older this year (​this amount includes $7,500 in catch-up contributions)

Your contributions are made on a pre-tax basis, which lowers your current taxable income and tax bill.

Catch Up!

It’s not too late to make up for lost time. If you’ll be 50 or older this year, take advantage of the opportunity to contribute up to an additional $7,500 in catch-up contributions.


SCAN Contributions

To help you reach your retirement planning goals, SCAN will also contribute to your account!

Safe Harbor Non-Elective Employer Contribution

Each pay ​period, SCAN will contribute a non-elective contribution of 5% of eligible compensation to your 401(k) plan (eligible the first pay date after 90 days of employment). This contribution is 100% vested.​

Employer Match

Each pay period, SCAN will match 50% of the first 4% of your contributions (eligible the first pay date after 90 days of employment). This contribution will vest after 3 years of employment.​

Here’s how the company match works:

infographic contributions
Meet the Match!

Try to contribute at least 4% of your pay to receive the full employer match of 2% - otherwise, you're leaving free money on the table. Log into your Empower Retirement account to increase your contribution rate.



Vesting is another way of saying “how much of the money is yours to keep if you leave the company.”

You are immediately 100% vested in your own contributions and in the SCAN 5% safe harbor contribution. This means the value of these contributions and earnings are yours when you leave SCAN regardless of years of service.​​

You must have three years of Vesting Service to be 100% vested in the matching contributions. If your employments ends and you have fewer than three years of vested service, these contributions will be forfeited.


Name a Beneficiary

It’s important to designate a beneficiary to receive the value of your SCAN 401(k) Plan account in the event you die before receiving your entire benefit.

You may update your beneficiary designation at any time by logging into your account at Empower Retirement or contacting customer service at 1-866-467-7756.​


Withdrawals and Loans

The money in your account is intended as a long-term investment to help you prepare for your financial needs in retirement. However, under certain circumstances, you may be able to access money from your account before reaching retirement age. For more information, visit the Empower Retirement website or call 1-866-467-7756.

Think Before You Act

If you’re considering taking a withdrawal or loan from your plan account, be sure to think about the impact it may have on your financial future.

  • Taking money from your account now may lead to a smaller savings balance when you retire.
  • Not only are you taking money away from your retirement savings, but the burden of repaying the loan may make it even harder to get back on track.
  • If you take a plan loan, you’ll also lose more money to taxes because the payments on your loan are made with money that has already been taxed, and it will be taxed again when withdrawn from your account.
  • If you withdraw pre-tax money from your plan account, in addition to paying current taxes on the money, you may have to pay an additional 10% penalty tax if you are younger than age 59½ (or, age 55 if you have retired or left the company).


Take an active role in your retirement planning by using this resource:

Empower Retirement Website

Access tools and education on your plan website to help you make informed investment decisions.

Before investing, carefully consider the funds’ or investment options’ objectives, risks, charges, and expenses. Call 1-866-467-7756 for a prospectus and, if available, a summary prospectus, or an offering circular containing this and other information. Please read them carefully. Investing involves risk, including the risk of loss.