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.