NC 401(k) Plan

The NC 401(k) Plan is provided by the NC Department of the State Treasurer and administered by Prudential Retirement. The NC 401(k) Plan is a supplemental retirement program that allows employees to set aside payroll-deducted contributions on a tax-deferred or after-tax (Roth) basis.

Who is Eligible to Participate?

Employees who are enrolled in either the TSERS or ORP mandatory retirement plan are eligible to participate in the NC 401(k) plan.

How Do I Enroll?

Eligible employees may enroll in the NC 401(k) plan at any time. Employees may obtain enrollment information by contacting the local NC 401(k) Prudential representative.  The representative can assist you with enrolling in the plan and answer any questions you may have about the plan. 

Deborah Rapetski
828-230-3655
deborah.rapetski@prudential.com

NC 401(k) New Enrollment Form

NC 401(k) Allocation/Contribution Change Form

NC 401(k) One Time Contribution Form

NC 401(k) Beneficiary Designation Form

 

How Does the Plan Work?

Your Supplemental Retirement Plan Decision Guide provides information (including a comparison chart) about all of the supplemental retirement plans available to eligible faculty and staff.

Contributions and Limits

For 2018, employees may contribute up to the following limits each calendar year via payroll deduction:

  • Up to age 49 – $18,500 per year
  • Age 50 or older – $24,500 per year

Note: Combined, 401(k) and 403(b) contributions cannot exceed the federal annual maximum contribution limit; however, additional contributions may be made to a 457(b) plan.

 

Other Resources

 

Questions?

Call the Prudential Service Center at 866-627-5267, or contact a member of the UNC Asheville Benefits team for additional information:  Kim Fisher at 350-4589.