Overview
In the International Coffee & Tea 401(k) Plan, building retirement income is a shared responsibility between you and the Company. With this Plan, you and The Coffee Bean & Tea Leaf® work together to invest in your future. Your retirement account balance grows based on:

• Your contributions.
  
• Company matching contributions.
  
• Investment income on your total account balance.

Contributions to the Plan (yours and the Company’s once you are eligible for matching contributions) are made to your account every pay period, giving your account the opportunity to grow throughout the year. Not only will the account grow with contributions, it also has the potential to grow as a result of investment returns on your balance that may be realized throughout the year. You decide how to invest your contributions and the Company’s contributions by choosing among a variety of funds offered by ING Retirement Plans, the company that administers the plan. All investment earnings and/or losses are reflected in your account.

Team Member Contributions
All Team Members, age 21 and over, are eligible to contribute to the 401(k) plan as of the first day of the month following 30 days of employment. You may contribute as much as you wish, up to 100% of your pay, up to the maximum dollar amount allowed by IRS regulation. However, the matching contribution formula will be applied on a per pay period basis.  Any compensation limitation used in determining the match will be based on each pay period. For calendar year 2014, the maximum is $17,500. If you are, or will become, age 50 on or before December 31, 2013, you may contribute an additional $5,500 in “catch up” contributions for calendar year 2014. The plan is administered by ING Retirement Plans.

Employer Contributions
You are eligible to receive employer matching contributions after one year of employment. The company matches 100% of your contributions up to 3% of your compensation and 50% of your contributions on the 4th and 5th percent of your compensation. Therefore, the company makes a matching contribution of 4%. Once the maximum federal limit has been reached, contributions and ER match will cease.

Enrollment
Once you are eligible, you can join the 401(k) plan at any time you wish. Joining the plan or making changes to your contribution levels are not subject to open enrollment rules. If you wish to enroll in the 401(k) Plan and begin saving for your retirement, go to: www.ingretirementplans.com/enrollmentcenter.

Online Enrollment Flyer

• You will need to input the Plan number 559334 and the Plan Verification number 55933499
  
• Use the navigation buttons (Previous and Continue) at the bottom of the screens to guide you forward or backward through the enrollment process. You can cancel the enrollment at anytime or go to a “help” section for more information.
  
• At the end of the enrollment, a review page will allow you to review your selections, confirm your selections, or cancel your enrollment and begin again.
  
• Your enrollment is complete once you click on the “Submit Enrollment” button at the end of the enrollment process.
  

If you would prefer to enroll by phone, you can call 1-888-311-9489 and ask to speak with an ING customer service associate who will enroll you in the plan telephonically.

Investments
ING offers a variety of investment options, ranging from conservative to aggressive. You can find detailed information regarding the funds, along with their performance history and prospectuses, on-line or by contacting ING by phone and asking to speak with a customer service associate. Some investment options carry substantial risk of short-term losses, so please research these options carefully before you invest.

Withdrawals
Your 401(k) plan is designed to provide you with retirement income. Therefore, you generally
cannot withdraw money from your 401(k) prior to retiring or terminating from the company. You may, however, borrow from your account balance and repay the loan through payroll deductions. The maximum loan amount is the lesser of 50% of your account balance or $50,000. If you are experiencing a serious financial hardship, you may be able to make a withdrawal from your 401(k).

Beneficiary Designation
When you initially enroll, you will be prompted to designate a beneficiary(s) who will receive your 401(k) account balance in the event of your death.  It is important that you periodically login to the ING website and review the beneficiary information to make certain it is always updated. 

Plan Documents & Resources:
401K Summary Plan Description
Online Enrollment Flyer