eXp 401(k) plan

eXp World Holdings, Inc - Plan #77019

The eXp 401(k) plan is now with Fidelity!

The blackout period ended 07/21! Check out our Fidelity 401k overview video and learn more about Fidelity and how to register and get the most from your NetBenefits account below.

How do i access the fidelity (NetBenefits) website?

If you have previously registered with Fidelity.com, NetBenefits®, or eWorkplace®, you do not need to register again. Use your existing username and password to access your account, and you will see the new plan added (eXp World Holdings - 77019).

If you have never had an account with Fidelity, check out the registration instructions. If you are a new hire, please note that your account information is provided to Fidelity after your first pay date. Please allow 3-5 business days following your first pay before registering.

Creating Your NetBenefits User Account.pdf
Welcome to Fidelity NetBenefits - System Overview.pdf

Not sure how to get around in your new NetBenefits account? Check out this guide!

I registered for a Fidelity NetBenefits account, but do I have to do anything else?


Check out this handy checklist with six simple steps to make sure you are taking advantage of all NetBenefits has to offer!

Also, if you want more personalized guidance, check out Fidelity's Personalized Planning & Advice services (fees apply).

NetBenefits Checklist for Staff.pdf
eXp - Fidelity FAQ Guide.pdf

Changing Your Contributions & Other FAQ

Once registered, you can make changes to your contributions or investment elections at any time by contacting Fidelity or logging into your NetBenefits account.

Make your investment elections by June 19th to ensure your account balance from USI will be invested in the funds you want when they come over from USI on June 22nd. You can still change these at any time after June 19th.

You are not required to pick investment funds - if you do not, then you will be placed in a default Fidelity fund based on your expected retirement date.

NOTE: If you made a deferral change in USI between May 20th and June 10th, Fidelity may still be processing that change. You may either wait or go ahead and update your new NetBenefits account.

Additional Info & Resources

Basic Plan Info

  • Plan Name: eXp 401(k) plan

  • Employer Name: eXp World Holdings (please note ALL benefit plans are under the eXp World Holdings name)

  • Plan #: 77019

Need help with NetBenefits?

Contact Fidelity Customer Support

800-835-5095

Monday - Friday, 8:30 a.m.- 8:30 p.m. (EST)

eXp 401k plan

The eXp 401k plan makes saving for retirement convenient and simple.

Saving for retirement is an important key to a secure future, whether you plan to retire soon or many years from now.

By offering a retirement plan, our goal is to help you build savings for a financially stable future.

eXp is proud to offer 401k employer match

  • Dollar for dollar employer match, up to 3% of salary

  • Fully vested (no vesting period)

Deciding How to Contribute

All employees can take advantage of the eXp 401k plan’s saving benefits.

Whether or not to contribute Pre-tax (Traditional) and/or After-tax (Roth) is based on your unique situation. You don’t have to choose just one contribution type.

  • Pre-tax contributions allow you to save on taxes now because they reduce your taxable income for the current year. Your contributions and earnings are taxed when you withdraw the money as a cash distribution.

  • Roth contributions are a post-tax deduction – meaning you pay your income taxes on contributions for the current year, and you are not taxed when you withdraw the money as a cash distribution. Earnings in the Roth source are not taxed if IRS rules are satisfied.

The 2020 IRS contribution limit is $19,500 (or $26,000 if age 50 or over). This is a total contribution limit for both Pre-tax and Roth.

If you’re age 50 or over by the end of the calendar year, tax law allows you to make “catch-up contributions” above the $19,500 limit, up to $6,500.

3% Pre-Tax Auto Enrollment

If you do not make an election or opt out of the plan within 30 days from your date of eligibility, you will be auto enrolled at a 3% pre-tax contribution.

Example: Arthur's first day is September 30th. He is eligible to participate in the 401k plan on October 1st (1st of the month following date of hire). If he does not make an election or opt out of the plan by October 31st, he will be auto-enrolled at 3%. To make an election or opt out, log in or call our 401k plan administrator (information below).

If you are an existing staff member moving to Fidelity and already opted out while the plan was with USI, you will NOT have to opt out again.

NetBenefits- There's an app for that!.pdf

NetBenefits: There's an app for that!

Where to get help on NetBenefits

Top 3 Places to Visit in Your NetBenefits Account.pdf

Rollovers

Log in to your NetBenefits account and click the Quicklinks dropdown then Rollovers to start the process.

Check out the step-by-step instructions on how to complete a Rollover to Fidelity

Fidelity Approved Rollover In Form.pdf