Through CCM’s deferred compensation plan, employees making $150,000 annually and who are considered highly compensated employees, can defer payment of compensation to a future time. This allows participants to gain more control over how they’re being taxed, how and when distributions are received, and how contributions are allocated and may grow (similar pre-tax experience to a 401(k) plan). The Plan Overview, “Top Hat” eligibility guidelines, and Deferred Comp. Plan Summary are included for your review.

The deferred comp. enrollment is available through Principal by visiting www.principal.com or calling 800-986-3343.