Individual Retirement Account Plan 401(a) - IRAP (Click for web site)

Plan Administrator:

TIAA-CREF (Click for web site)

Plan Type:

Defined Contribution

Participation:

Mandatory (1)

Contribution Amount:

Employee = 4.5% Employer = 6.0%

MN Teachers Retirement Association - TRA (Click for web site)

Plan Administrator:

Teachers Retirement Association

Plan Type:

Defined Benefit

Participation:

Mandatory (1)

Contribution Amount:

Employee = 5.5% Employer = 5.5%

Supplemental Retirement Plan 401(a) - SRP (Click for web site)

Plan Administrator:

TIAA-CREF (Click for web site)

Plan Type:

Defined Contribution

Participation:

Mandatory (2)

Contribution Amount: $2250

Employee contribution = 5% on gross salary in excess of $6,000 but limited to maximum set by bargaining agreement . Employer's contribution = 100% of Employee contribution.

Deferred Compensation Plan 457 - MNDCP (Click for web site)

Plan Administrator:

MN State Retirement System

Participation:

Voluntary

Contribution Amount:

$10 minimum up to 100% of taxable income not to exceed $16,000; $22,000 for age 50+

Eligible for Voluntary State Matching:

No

Leave Conversion:

No

Tax Sheltered Annuity 403(b) - (TSA) (Click for web site)

Plan Administrator:

TIAA-CREF (click for web site)

Participation:

Voluntary

Contribution Amount:

Up to 100% of taxable income not to exceed $16,500; $22,000 for age 50+

Eligible for Voluntary State Matching:

No

Leave Conversion:

No