Retirement Savings
Retirement Savings
Prepare for the future today with the DriveTime 401(k) Plan
The DriveTime 401(k) plan is designed to be a partnership between you and DriveTime, with each playing an active role in preparing for your retirement. DriveTime has provided you with a vehicle that offers you the opportunity to prepare for a secure retirement. Your regular contributions through the 401(k) Savings Plan can add a significant amount to your retirement assets. The earlier you make a commitment to your future and do something about it, the greater benefit you will receive.
Does DriveTime contribute to my 401(k)?
Yes, DriveTime will contribute 40 cents on every dollar for the first 6% of your salary. Our vesting schedule is at 20% per year so you are fully vested after 5 years of service.
| Years of Service | Percentage Vested |
| Less than 1 year | 0% |
| 1 year | 20% |
| 2 years | 40% |
| 3 years | 60% |
| 4 years | 80% |
| 5 or more years | 100% |
Enrolling in 401k
- You are eligible to enroll on your 61st day of employment.
- You can enroll online at www.401k.com or by calling Fidelity at (800) 890-4015.
- When enrolling online you will need to set up your personal identification number (PIN). If you're already a Fidelity customer, you can use your existing PIN.
- You will then need to click on "Enroll Now" in the center of the NetBenefits homepage.
To reach Fidelity:
Call (800) 890-4015
For Spanish (800) 587-5282
What about....?
If you still have questions, feel free to email Benefits at benefits@drivetime.com.