Standard Contract Language

The bargaining parties that participate in the IAM National 401(k) Plan must agree to the Plan's Standard Contract Language (SCL) and special class groups can participate under a special participation agreement. These documents set forth the basis for participation in and contributions to the Plan.

Certain options, as shown in the the Plan's Standard Contract Language, may be negotiated by the bargaining parties.

Effective August 15, 2015, please use this Standard Contract Language approved by the Board of Trustees. Please discontinue using and discard any prior versions of the SCL.

For best results, this fillable PDF should be dowloaded and saved to your computer before completing the fields and saving or printing.

View and download the IAM National 401(k) Plan Standard Contract Language here. (PDF) 

View and download instructions for the new 401(k) SCL here. (PDF)

The IAM National 401(k) Plan Special Participation agreement document is currently under revision. Contact the Fund Office if you need assistance.

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Adam Pogue—Spirit Aerosystems
Wichita, Kansas
VP Labor Relations

Frequently Asked Question (FAQ)

Can a company of any size join the National 401(k) Plan?

Yes. The Plan covers members from companies of any size, from one member to thousands of members.

 

How can I get more information about the National 401(k) Plan?

You can contact the IAM National 401(k) Fund Office directly to get more information about the plan.

Is the IAM National 401(k) Fund a part of the IAMAW Union?

The IAM National 401(k) Fund is a separate entity from the IAMAW Union. While the National 401(k) Plan can be negotiated into IAM Collective Bargaining Agreements, it was created for the benefit of IAM members who have negotiated the plan into their collective bargaining agreements.

Is participation in the plan limited to IAM members?

No. Companies with participating IAM members can include other collectively bargained and certain non-union or special-class employees in the plan.

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