It’s been a while since we’ve checked in and we have some good news. Your 2019 Profit Sharing plan has been funded! Just a reminder, the profit-sharing plan is a retirement plan that is fully funded by Ashby Lumber. Due to all of your hard work, we were able to contribute just over 7.5% of your total wage for 2019.
The statements will be uploaded to Paycom in the next week. In the meantime, you can view your statement and updated balances anytime at the Newport Group website newportgroup.com/login/participant. If you have trouble logging on, please call Newport’s support team at 1-888-401-5629. If you have any additional questions, please see Tom or HR.
Also, as of today, we are officially removing the wage freeze put into place at the beginning of Covid. We truly appreciate all of your dedication and hard work during this time. It’s been a team effort to keep everyone safe and we are very proud of the individual contributions that have created an even stronger Ashby team. Keep up the great work!
The Management Team