Retirement Benefits
▶️ Participating GH Companies
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Graham Holdings Company (Corp)
City Cast
Clyde's
Code3
Decile
Dekko
Foreign Policy
Forney
Framebridge
Graham Media Group
Hoover
Joyce/Dayton
Kaplan
Roda
Saatchi Art
Slate
Society6
Supporting Cast
Once you are hired, you will have access to our employee portal, GHConnect, for all the resources to help you choose the benefits that are right for you and your family.
We offer you a fully loaded retirement program that can help you reach the retirement you want. It’s part of our investment in you.
Whether your dream retirement is spending more time at the beach or reading more books or learning how to cook or adventuring with others, you know you’ll need savings to make it happen. Our retirement plans make it easier for you to save for the future.
The Company Contribution Plan. It’s exactly what it sounds like. The Company, Graham and our family of business units, provides a contribution to your retirement (Pension Plan).
401(k) Savings Plan. Here’s where you can contribute your own money to save for retirement. You have options of how to contribute and how to invest your money.
Watch this video to see how The Company Contribution Plan + 401(k) Savings work together to help you save towards retirement.
The Company Contribution Plan
The Company Contribution Plan
We’re always looking for the best ways to support you. That’s why we’re excited about the Company Contribution Plan. It’s our plan to help you save for the future—no questions asked. By which we mean, we’ll contribute to the Company Contribution Plan for your retirement even if you decide not to contribute to the 401(k) (though we think you should, and doing so could go a long way toward helping you reach your retirement goals!). This account is only for Company contributions. (But you can—and should—contribute to your 401(k).)
And even better? You don’t need to take any action to get this contribution. That’s right. This is not a Company match—it’s a no-questions-asked contribution to your retirement. Which we think is pretty cool.
Here’s what you need to know:
All Company contributions to your retirement will go into your Company Contribution Plan account. You do not need to take any action—you'll be automatically enrolled in this plan.
The Plan is funded by the Company, and that means you’ll get a certain percentage based on your eligible pay in your account each year. (Visit GHConnect to see your contribution rate.) The Company contribution isn’t dependent on what you save in the 401(k), like a 401(k) match is. Meaning if you need to change your 401(k) contribution amount, the amount deposited on your behalf to the Company Contribution Plan won’t be impacted.
Company contributions will be credited monthly.
If eligible, you immediately qualify for the company contribution benefit. You do not need to take any action to have this account.
You will be vested in the account after 1 year of employment. Once again, no action required.
The Company Contribution Plan isn’t dependent on the financial markets to grow. And your balance won’t be impacted by downturns in the economy.
But what you really want to know is:
But what you really want to know is:
How much is the Company contributing to my retirement, right?
To see your company contribution percentage in action, visit the GH Retirement Center to access your account.
While you’re there, you can see the growth of your pension account balance, the monthly amounts contributed to your account, model your retirement income and more.
Your account grows each month with a company contribution plus interest. The company contribution is calculated based on the eligible pay* you earn each month multiplied by your contribution percentage. The monthly amount can fluctuate based on the number of payrolls in a given month. For example, you may receive two or three paychecks in a calendar month if you are paid bi-weekly. The amount will change if your pay rate changes during the year.
*Generally, eligible pay means your regular earnings and may include commissions, if applicable. Please refer to the Summary Plan Description for additional information. Federal law limits the amount of eligible compensation that the Plan can take into account when calculating your benefit.
Pop Quiz
What do you have to do to get the Company contribution to the Company Contribution Plan?
That’s right. Nothing. You get the Company contribution no matter what. This is not a Company match—it’s a no-questions-asked contribution to your retirement. Which we think is pretty cool.
The 401(k)
The 401(k)
Your 401(k) plan is an unbeatable financial tool to build on the Company’s contributions by saving some of your own money. You get convenient payroll deductions and valuable tax advantages.
You will have the option for pre-tax contributions, traditional after-tax contributions, and Roth 401(k) contributions. Find out more about how your 401(k) contribution options compare.
You can convert a portion of your account to Roth. With this option, you pay taxes today and build tax-free retirement income. Learn more about Roth In-Plan Conversions.
The Plan offers a diversified lineup of funds including the option to invest limited employee contributions to the Graham Holdings Company Stock fund.
True or False: You don’t need to contribute to the 401(k) since you have the Company Contribution Plan to help you with retirement.
False. The Company Contribution Plan is great, but you should also contribute your own money to retirement in the 401(k) to maximize what you’ll have in retirement. Remember: It’s a partnership—Powered by the Company + Powered by You = two great benefits to help you save toward retirement!
How the Retirement Plans Compare
How the Retirement Plans Compare
You have at least two ways to save for retirement—the Company Contribution Plan and the 401(k). But the accounts work differently, from who contributes to how the money grows. Here’s some more info on how they work:
Three Steps to a Happy Retirement
Here’s what you can do now to make sure you have what you need for retirement.
Set goals.
Figure out how much money you need to have when you retire so you know how much to save in addition to what the Company contributes to the Company Contribution Plan.Contribute to your 401(k).
The IRS determines a maximum for how much you can contribute to your 401(k) each year. Contribute toward your goals, beginning as early as you can, to see your savings grow. Find out more about how your 401(k) contribution options compare.Decide how to invest your 401(k) funds.
Depending on how far you are from retirement and how much risk you’re willing to take, you can decide how aggressive to be with your 401(k) investments. Your Company Contribution Plan funds will gain interest, but you can’t invest those funds (which means they’re more secure but may not grow as fast as your 401(k) investments).
“Company Contributions” to your account are credits to your account in the Plan, funded with assets in the Company’s pension plan. Eligible pay may include base pay, vacation, holiday and sick leave payments and sales commissions.
For employees who participated in the prior pension plan (the Secure Retirement Account), it was frozen effective 12/31/2023. No pay credits were issued after 12/31/2023, but interest credits continue to be deposited for existing account balances. Certain traditional pension schedules will continue without any change.
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