Sysco

What types of retirement plans are available to Sysco employees?

Sysco offers the following retirement plans to its employees: • 401(k) Plan – A Sysco-sponsored 401(k) Plan is available to all employees. This plan allows employees to save for retirement by contributing a portion of their pay each pay period on a pre-tax basis. The company matches a portion of the employee's contribution. • Pension Plan – Sysco also offers a Pension Plan to eligible employees. The Plan is designed to provide a retirement benefit based on the employee's years of service and compensation. • Deferred Compensation Plan – This voluntary plan allows eligible employees to defer a portion of their pay to a tax-deferred account. The accounts are invested in various mutual funds and are available to employees after they reach retirement age. • Employee Stock Purchase Plan – The Sysco Employee Stock Purchase Plan allows employees to purchase Sysco common stock at a discount. The plan allows employees to purchase up to 15% of their annual base pay at the discounted price. • Life Insurance – Sysco provides life insurance to eligible employees at no cost. The company also provides an option for employees to purchase additional life insurance for themselves and their families.