401(k)

Chick-fil-A offers a 401(k) plan to qualifying team members. Basic qualifications include 1,000 hours of service, one year of employment, and a minimum age of 21. Chick-fil-A will match team members' contributions dollar for dollar up to 4% of annual compensation.

Understanding 401(k) Plans

Start by knowing...

• Terms like Traditional 401(k), Roth 401(k) and 401(k) Employer Match

• What happens to money in a 401(k)

• How to choose your 401(k) investments

Go deeper with...

• Starting early versus catching up

• Roth 401(k) vs. 401(k): Which is better?

• How compounding makes your money grow

• Retirement calculator (more detailed version)

• What are mutual funds and how do they work?

• Details on our plan's investment options

• 6 myths about retirement

• 401(k) rollovers and leaving your job

Annual Safe Harbor Notice

Mulkey Hospitality, Inc. DBA Chick-Fil-A at South Plains Crossing ("the Employer") is sponsoring a retirement plan for Eligible Employees, to help you save for your retirement. The Chick-fil-A at South Plains Crossing 401(k) Profit Sharing Plan ("the Plan") is a Safe Harbor 401(k) Plan and allows you to save a portion of your eligible pay in the Plan. As a "Safe Harbor" Plan, Mulkey Hospitality, Inc. DBA Chick-fil-A at South Plains Crossing must include a mandatory contribution to satisfy certain nondiscrimination requirements under the Internal Revenue Code.

This Notice contains important information about the Safe Harbor Plan for the Plan Year beginning on January 1, 2023. The IRS requires us to give this Notice to each Eligible Employee 30 days before the beginning of the Plan Year and provide you with an opportunity to immediately make or change your contributions to the Plan. Please review this Notice carefully and consider the following information as you make or review your decision to save in the Plan.

Annual Safe Harbor Notice