LONGEVITY continued

have worked for the company for one year totaling at least 1,000 hours are eligible to enter the plan. Employees are automatically enrolled in the ESOP after meeting the qualifications on April 1 or October 1, following their 1-year anniversary date with the company.

Retirement

Sustainable Environmental Consultants, as a WSC company, offers a comprehensive 401(k) retirement savings plan with the same eligibility requirements and entry dates as the ESOP.

WSC has a Safe Harbor March Program to the 401(k) offering, matching 100% of the first 3%, plus an additional 50% of the next 2% employees would contribute to their retirement savings. The matching funds are placed in the ESOP account. Meaning, employees should contribute at least 5% annually to receive the full company match. These company-matched contributions are 100% vested.

The Automatic Enrollment Program is an automatic 3% pre-tax 401(k) enrollment process for all eligible employees which increases contributions from salary pay by 1% each year until 10% is reached with an opt-out available. This was enacted to ensure employees were taking steps for their financial security in the future.

EMPLOYEE WELL-BEING GOALS

Diversity & Inclusion: Increase reporting capabilities on workforce demographics in 2022 with Workday.

Employee Well-Being: Conduct a survey for total reward offerings and preferences to employees.

Education & Development: Continue to pursue continuous education learning opportunities.

Education & Training: Continue to work with the training and development team to provide professional skills growth opportunities for team members.

401K Contributions

Those contributing 1-3% receive 100% company match, those contributing 4-5% receive an additional 50% match. 82% of those contributing are receiving the full match potential. Numbers can change daily.

Diversity & Inclusion: Analyze employee gender and race/ethnicity information to establish benchmarks and goals for annual diversity growth.

Employee Well-being: Continue to provide our employees with more benefits education through regular newsletters, plan enrollment resources, and new hire summaries.

2022 Accomplished Goals

Education & Development: Roll out project one source program via the Workday platform for efficient integration of company data storage and processing, employee records management, and improvement of employee procedures which will include the reduction of paper.

Education & Training: Update employee handbook to reflect Sustainable Environmental Consultants’ changing company needs.

Education & Development: Increase engagement in online learning by continuing to offer courses chosen through survey feedback, employee recommendations, and leader input. Continue to package courses into manageable sizes through programming like “Learn in Less” and “FiveMinute Fridays.”

Education & Development: Gather data that will inform a sustainable leadership development strategy that supports the growth of our family of companies.