Edward Jones Retirement Plan

If you don’t choose your investments, your money will automatically go into the “Profit Sharing – Balanced toward Growth” investment portfolio.

How profit sharing contributions work

Profit sharing contributions are discretionary, meaning the company decides each year if it will make a contribution and, if so, how much it will be. The same percentage is paid to all associates, but the dollar amount received will vary based on compensation.

In 2024, the maximum amount of compensation the contribution can be based on is $345,000. Your contribution is posted following the end of the plan year, generally around late February.

Review which earnings are considered when determining profit sharing eligible earnings:

Average contribution

When combined with matching contributions, the total contribution from Edward Jones has averaged nearly 5% of the typical associate’s salary over the past 10 years. This is much higher than the most common employer match of just 3%.

The chart below shows the contribution percentage for each year since 2014.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Percent	4.78%	4.43%	5.14%	4.97%	4.64%	4.64%	4.69%	4.53%	4.97%	4.93%

For additional information, please see the Summary Plan Description.

Eligibility

Full-time associates are immediately eligible to contribute to the plan.

Part-time and on-call associates may be eligible after they have been compensated for at least 1,000 hours within the first year of employment or within a subsequent plan year.* Once this requirement is met, part-time and on-call associates remain eligible to make contributions in subsequent plan years.

To be eligible for matching contributions in a particular year, you must:

• Be a non-sales, non-highly compensated (earned less than $150,000 in 2024, including bonuses) associate as of December 31 of the plan year;
• Have received compensation for at least 1,000 hours in the plan year;
• Have made pre-tax 401(k) or Roth 401(k) contributions in the plan year;
• Be employed on the last day of the year; and
• Have been hired prior to January 1 of the plan year.

To be eligible for profit sharing contributions on July 1, following your date of hire, you must:

• Receive compensation for 1,000 hours during the calendar year
• Be employed by Edward Jones on December 31 of the current year
• Service Partners will generally be eligible for additional profit-sharing contributions on January 1, after becoming a Service Partner

* Worked and paid time off are included. "Compensated during the plan year" means the payroll check is dated within the year. For example, the hours that client support team professionals work in the last week of December each year are not actually paid until early the following year. Therefore, the associates’ hours during that week count toward the following year's total.

Other things to know

• The firm will automatically enroll you in the 401(k) plan 45 days after your eligibility date, unless you elect otherwise. If you don’t want to participate in this plan, you must opt out by going to your Retirement Plan website or by calling the Edward Jones Retirement Plan Phone Line at 877-EDJ-401k (877-335-4015).
• You are “vested” from day one, meaning that the contributions you make and the ones Edward Jones makes are yours to keep even if you leave the firm (subject to investment gains and losses).
• You have the option of an in-plan Roth conversion for non-Roth account balances that regulations allow to be converted to Roth account balances. Learn more.
• The plan accepts rollovers of distributions from other qualified plans, 403(b) and government 457 plans, and Traditional IRAs.
• The plan doesn’t allow for participant loans, but you may withdraw money from the plan if you meet specific criteria. Find additional information on withdrawal options in the Summary Plan Description.
• You’ll receive quarterly statements via your Retirement Plan website.

^{1 Financial advisor reference incorporates financial advisor, service partner, and joint venture service partner roles.}