About Your Plan

Eligibility
You are eligible to participate in your plan effective immediately.

Your Contributions
The Internal Revenue Code limits the amount you can contribute in pre-tax dollars each calendar year.

If you are age 50 or older, the maximum contribution amount may be increased by an additional "catch-up" contribution. Elective contributions may not exceed 100% of your compensation and there is an overall limit on aggregate contributions (including employer and employee contributions) that can be made to your employer's plan.

Rollovers
If you have an existing retirement plan account with a prior employer or an IRA, you may be able to roll over all or some of that account into this plan once you enroll.

Choosing Funding Options
You may choose from a range of funding options across a variety of asset classes. For a list of the funding option(s) available to you, please see the next section of this guide.

Account Access
You can obtain information and make transactions through either the website at mlr.metlife.com or the toll-free telephone number at 1-800-543-2520. Also, each quarter, you will receive a personal account statement with a detailed summary of all activity.

Eligible Compensation: Consolidated 403(b) Plan contributions are withheld from the following base pay categories eligible to earn a match such as: Regular, Bereavement, Jury Duty, Conference/Seminar, Holiday, Paid Time Off and Sick Leave. Non-regular base pay categories are not eligible.

Cost of Participation
An annual plan administrative fee of 31 basis points (or, 0.31%) on Fund assets in your plan account will be charged to your MFSP account in quarterly installments. This fee may be offset by Fund compensation MetLife* receives quarterly with respect to plan assets. If this is the case, your MFSP account will be charged the administrative fee and credited with the Fund compensation received by MetLife.

Withdrawals
Since your plan is designed primarily to help you save for retirement, the Internal Revenue Code has placed restrictions on when money may be withdrawn from your account before you retire. You may withdraw money from your plan account only under the following circumstances:

• Death
• Disability¹
• Hardship¹
• In-service (Age 59.5)
• Permissible withdrawals
• Separation of Service

Eligibility for the Match: To be eligible to earn a matching contribution, you must be at least age 21 and have one year of service (working 1000 hours or more) with Sinai Health System (Sinai Chicago). After 1 year of employment, part-time and full-time caregivers become eligible to earn a match under the 401(a) Retirement Plan on the next July 1 or January 1 when they save for retirement under the Consolidated 403(b) Plan. However, not all employee groups or organizations within Sinai Chicago are eligible. The following employee groups are excluded from receiving the Non-Union Retirement Plan match: Residents, Union, Temporary, Float pool, and Registry caregivers.

Rollovers
If you have an existing retirement plan account with a prior employer or an IRA, you may be able to roll over all or some of that account into this plan once you enroll.

Choosing Funding Options
You may choose from a range of funding options across a variety of asset classes. For a list of the funding option(s) available to you, please see the next section of this guide.

Account Access
You can obtain information and make transactions through either the website at mlr.metlife.com or the toll-free telephone number at 1-800-543-2520. Also, each quarter, you will receive a personal account statement with a detailed summary of all activity.

Non-Union Matching Contribution
Earning a 401(a) Retirement Plan match has two levels. The first level matches your contributions to the Consolidated 403(b) Plan dollar for dollar up to 1% of eligible base pay. The second level matches your contributions 50 cents on the dollar on the next 2% of eligible base pay. As a result, the maximum match that can be earned is equal to 2% of base pay when 3% of eligible pay saved in the Consolidated 403(b) Plan.

Vesting
“Vesting” means a portion of the benefit belongs to you. For the 401(a) Retirement Plan match, every year of service counts for vesting if you work at least 1000 hours. You are 20% vested for each year of service. At the end of your fifth year of service with Sinai Chicago you will be 100% vested in your matching contribution account. The vesting schedule applies to the matching contribution only, not to employee contributions. You are always 100% vested in your contributions to the Consolidated 403(b) Plan.

Eligible Compensation: Consolidated 403(b) Plan contributions are withheld from the following base pay categories eligible to earn a match such as: Regular, Bereavement, Jury Duty, Conference/Seminar, Holiday, Paid Time Off and Sick Leave. Non-regular base pay categories are not eligible.

Plan Entry Dates: Once you have met the 401(a) Retirement Plan match eligibility requirements for earning a match, you will be automatically enrolled in the Consolidated 403(b) Plan on the following January 1 or July 1. You must make contributions to the Consolidated 403(b) Plan to earn a Retirement Plan Match.

Cost of Participation
An annual plan administrative fee of $54 per participant will be charged to your MFSP account in quarterly installments. This fee may be offset by Fund compensation MetLife* receives quarterly with respect to plan assets. If this is the case, your MFSP account will be charged the administrative fee and credited with the Fund compensation received by MetLife.

Withdrawals
Since your plan is designed primarily to help you save for retirement, the Internal Revenue Code has placed restrictions on when money may be withdrawn from your account before you retire. You may withdraw money from your plan account only under the following circumstances:

• Death
• Disability
• Retirement
• Separation of Service

Eligibility for the Match: To be eligible to earn a matching contribution, you must be at least age 21 and have one year of service (working 1000 hours or more) with Sinai Health System (Sinai Chicago). After 1 year of employment, part-time and full-time caregivers become eligible to earn a match under the 401(a) Union Retirement Plan on the next July 1 or January 1 when they save for retirement under the Consolidated 403(b) Plan. However, not all employee groups or organizations within Sinai Chicago are eligible. The following employee groups are excluded from receiving the Union Retirement Plan match: Residents, Non-Union, Temporary, Float pool, and Registry caregivers.

Rollovers
If you have an existing retirement plan account with a prior employer or an IRA, you may be able to roll over all or some of that account into this plan once you enroll.

Choosing Funding Options
You may choose from a range of funding options across a variety of asset classes. For a list of the funding option(s) available to you, please see the next section of this guide.

Account Access
You can obtain information and make transactions through either the website at mlr.metlife.com or the toll-free telephone number at 1-800-543-2520. Also, each quarter, you will receive a personal account statement with a detailed summary of all activity.

Union Matching Contribution: Earning a 401(a) Union Retirement Plan match has two levels. The first level matches your contributions to the Consolidated 403(b) Plan dollar for dollar up to 1% of eligible base pay. The second level matches your contributions 50 cents on the dollar on the next 2% of eligible base pay. As a results, the maximum match that can be earned is equal to 2% of base pay when 3% of eligible pay saved in the Consolidated 403(b) Plan.

Vesting Schedule: “Vesting” means a portion of the benefit belongs to you. For the 401(a) Union Retirement Plan match, every year of service counts for vesting if you work at least 1000 hours. You are 20% vested for each year of service. At the end of your fifth year of service with Sinai Chicago you will be 100% vested in your matching contribution account. The vesting schedule applies to the matching contribution only, not to employee contributions. You are always 100% vested in your contributions to the Consolidated 403(b) Plan.

Eligible Compensation: Consolidated 403(b) Plan contributions are withheld from the following base pay categories eligible to earn a match such as: Regular, Bereavement, Jury Duty, Conference/Seminar, Holiday, Paid Time Off and Sick Leave. Non-regular base pay categories are not eligible.

Plan Entry Dates: Once you have met the 401(a) Union Retirement Plan match eligibility requirements for earning a match, you will be automatically enrolled in the Consolidated 403(b) Plan on the following January 1 or July 1. You must make contributions to the Consolidated 403(b) Plan to earn a Union Retirement Plan Match.

Cost of Participation
An annual plan administrative fee of $54 per participant will be charged to your MFSP account in quarterly installments. This fee may be offset by Fund compensation MetLife* receives quarterly with respect to plan assets. If this is the case, your MFSP account will be charged the administrative fee and credited with the Fund compensation received by MetLife.

Withdrawals
Since your plan is designed primarily to help you save for retirement, the Internal Revenue Code has placed restrictions on when money may be withdrawn from your account before you retire. You may withdraw money from your plan account only under the following circumstances:

• Death
• Disability
• Retirement
• Separation of Service