401K Summary

401K Contributions: Employee Contribution Company Match 0% - 1% 100% >1% - 6% 50% *If you are contributing 6% of your base salary = 3.5% total company match Vesting Schedule: Vesting refers to the percentage of your account you are entitled to receive upon the occurrence of a distributable event. The value of your contributions to the Plan and any earnings they generate are always 100% vested (including rollovers from previous employers). The employer safe harbor match contribution is immediately 100% vested. Roth post-tax contributions are available, in addition to, pre-tax contributions when you enroll online via Empower website. Employees who have existing 0k accounts may elect to rollover their account into our Plan. Empower Retirement is available to assist you through this process by calling their customer service team at 000-000-0000. Empower Retirement Plan & Contact Information: Plan Name: First Internet Bank of Indiana Employee Retirement Savings Plan Number: 00000001 Phone Number: 000-000-0000

Plan Details: Our plan offers both pre-tax and post-tax (Roth) options.  Pre-tax allows you to make contributions from your salary before taxes are taken out (this lowers your taxable income now, but you’ll pay taxes later in retirement).  Post-tax (Roth) contributions are funded with after-tax dollars (meaning you pay taxes on the money now).  You can choose to participate in either or both plan options. Our plan allows for loans.  You can only have 1 loan at a time.  You can borrow the lessor of $0,000 or 50% of your eligible vested account balance.  There is a $0 origination fee for each loan, plus an ongoing annual $50 fee.  The minimum loan amount is $0,000.  You have up to 0 months to repay. The 2024 annual contribution limit is $0,000 and individuals aged 50 and older may contribute an additional $0,000. Deposits are made on the same day as payday.  You can change your contribution elections at any time through Empower.  Contribution changes should be submitted by Wednesday before the week of pay (9 days before the check date). The Empower website gives you the choice to make your investment elections on your own or to use the Empower tool which assists you in making your elections. Notice: Should an employee decide to retire from or leave First Internet Bank, Empower will send a notice to the participant outlining their options and timeframes listed below. Participants with account balances: o Over $0,000 will not be forced out of the plan. o Between $0,000 and $0,000 will be given a 30 day window to notify Empower of their preferred distribution method. If no communication is received, Empower will roll the account balance into an IRA. The IRA is no longer the responsibility of ACME. o Under $0,000 will be given a 30 day window to notify Empower of their preferred distribution method. If no communication is received, Empower will issue a cash distribution. The participant will still have a 60 day window to deposit the check into an IRA or other retirement plan. If they cash the check they will be responsible for taxes and penalties where applicable. A 1099 will be issued the following year for the participant to file with their taxes). The taxes and penalties are applicable to the year in which the money was distributed.