401(k) Plan for Active Lay Employees

Administered by TIAA

All employees are eligible to contribute to a self-directed, tax advantage investment account.  Employees working 30 or more hours weekly are also eligible for employer matching contributions and annual discretionary base contributions. Matching is available at 50% of the employee contribution up to a max of 4%, (match would be 2%).  A semi-monthly discretionary of 2% will also be contributed from the Employer to the employee's account. 
Employees working less than 30 hours a week may make voluntary contributions without the match or base.

Fees; Annual TIAA fees are a minimum $48.00; $12.00 a quarter and an additional .48 to .52 of a percent for the Investing for Catholic Target Date funds, depending on your portfolio.
401k accounts are qualified retirement accounts subject to early withdrawal tax penalties before age 59&1/2.
The employer contributions cannot be disbursed or rolled over until after employment with the Archdiocese ends.

IMPORTANT: If you are a new or existing employee and would like to enroll in or change your 401k voluntary contributions as a deduction from your semi-monthly pay, you are required to log into Dayforce and select benefits to enroll in the 401k plan. Be sure to designate a beneficiary via the link to the paper form when you enroll or via the TIAA website after you receive a welcome packet from TIAA following your first contribution. 
The maximum percentage that will be match is 4%, however TIAA recommends 10% be set as your voluntary contribution to adequately build your retirement account.

Maximum VOLUNTARY Contributions:

Federal law imposes a limit on the amount individuals may contribute to their 401(k) accounts on a yearly basis. 

$19,000 - the annual maximum for individuals younger than age 50.  
$6,000 additional catch up for an annual maximum of $25,000 for individuals age 50 and older.

$18,500 - the annual maximum for individuals younger than age 50.  
$6,000 additional catch up for an annual maximum of $24,500 for individuals age 50 and older.

This limit is subject to increase or decrease each year. 

VESTING - Full time employees are 100% VESTED immediately for voluntary and employer contributions.

enrolling or waiving contributions in the 401k PLAN 

All employees are required to complete the Dayforce Benefit enrollment on-line. 
New enrollments are required only when a change is requested by the employee for their Voluntary contribution.   

  • All regular part time & full time employees are eligible to contribute to the Lay 401k Plan. 
  • Employees working 30 or more hours weekly are also eligible for matching funds up to a maximum 2% of their 4% contribution.  
  • All employees working 30 or more hours weekly are eligible for the 2% Discretionary Contribution (regardless of Voluntary contributions).

How to setup your 401k Beneficiary with TIAA

Other 401k Facts you need to know:
- Regular Part Time employees who average less than 30 hours a week may make 401K Voluntary Contributions, but are not eligible for the Match or Discretionary contributions. Keep in mind that annual fees are a minumum of $48.00 plus.
- Employee Federal Taxes: 401K Contributions are subject to FICA, (Social Security & Medicare taxes), but not Federal, State or Local Income Taxes. 
- W2 Forms: The Pension box should be checked for any employee who makes a Voluntary contribution and/or who receives a Match or Discretionary Contribution.  You are not required to report any 401k match or discretionary contributions on the employee pay stubs or W2s.  You will not need to report the employee 401k voluntary deductions on any other Federal or State Employer Tax Reports.
The Employer Match & Discretionary Contributions will be reported to the IRS by the Archdiocese offices.
- The 401k Plan is not available to Temporary Employees, Substitute Teachers, 1099 Independent Contractors  or Federal Work-Study Employees.


Starting:  All regular employees are required to enroll or waive in the 401k benefit via Dayforce (under Benefits).  If the enrollment is not completed within 31 days of the hire date, 1% of employee pay will be deducted for the employee voluntary contribution automatically.
Employee contributions are shown as 401k paycheck deductions in Dayforce and on their earnings statements.
Locations are emailed a semi-monthly invoice of benefit charges.
Stopping:  If an employee stops a 401k Voluntary contribution due to a Hardship Withdrawal or for any other reason, the Voluntary contribution can be restarted at any time without a waiting period.

401k Enrollment, Brochures & Webinars:

2018 - Enroll for 401k contributions through Dayforce; Click Benefits - Percentage only - ask your location administrator if you need assistance.

IMPORTANT: Be sure to select a 401k beneficiary with the form in Dayforce or click the link below.

Beneficiary Form for TIAA (When complete send this form to TIAA (address at bottom of form)

2017 401k Salary Reduction Agreement 

401k Outline Brochure
Investing for Catholics investment Brochure
Investing for Catholics Target Funds Brochure

Minimum Distribution Guidelines

401k Summary Plan Description 2016 - Lay 401k Plan information

TIAA WEBINAR LINK - View regularly scheduled webinars on finances and retirement


Contact Information:

TIAA Customer Service: 800-842-2252
Lay Plan #406426 or Priest Plan #406869

Investing for Catholics:
Relationship Consultant - Mary Brunson, Vice-president

Priest Pension Information:

Current Summary Plan Description

TIAA Local Offices:

You can request a meeting with a TIAA certified financial advisor at a TIAA local office.

Overland Park Office – 913-906-3900
7101 College Blvd., Suite 330
Overland Park, KS 66210 

Lawrence Office – 866-842-8604
4910 Corporate Center Drive, Suite 101
Lawrence KS 66047 

Death of an Employee or Priest:
Surviving family should call
TIAA BRT/Benefit Relationship Team 888-380-6428
Lay Plan #406426  or  Priest Plan #406869