IAM National 401(k) Fund Standard Contract Language
The bargaining parties that participate in the IAM National 401(k) Plan ("the Plan") must agree to the Fund's Standard Contract Language (SCL). This document sets forth the basis for participation in and contributions to the Fund.
Certain options, as shown in the Plan's Standard Contract Language, may be negotiated by the bargaining parties.
If you need assistance with the Standard Contract Language (SCL) please contact our Employer Services Department at 202-785-2658 or email by clicking here.
View and download the IAM National 401(k) Plan Standard Contract Language (PDF)
Standard Contract Language - Tips to Remember
- The SCL may not be altered without Fund approval.
- Certain provisions may be negotiated.
- Common discussion topics include:
- Part-time or temporary employees
- Contribution caps
- Probationary exclusions
- Withdrawal liability language
- Contact Employer Services before making changes.