Bi-State Development

211 North Broadway, Suite 700-Mailstop 125
St. Louis, MO 63102

Benefit Section: 1-314-982-1400 ext. 3006

Fund Recordkeeper:

Lincoln Financial Group (LFG)
1300 South Clinton Street
Ft. Wayne, IN 46802

Voice Response System and Call Center: 1-800-234-3500

Fund Custodian:

Wilmington Trust
Rodney Square North
1100 North Market
Wilmington, DE 19890

Click below to access the plan’s web site:

Lincoln Financial Group

Basic Contributions (Salaried) -Your contributions to the plan, which are equal to 1%, 2%, 3%, 4% or 5% of your earnings are called your basic contributions.

Basic Contributions (IBEW) -Your contributions to the plan, which are equal to 1%, 2%, 3%, 4% or 5% of your earnings are called your basic contributions.

Basic Contributions (ATU 788) -Your contributions to the plan, which are equal to 1%, 2%, 3%, 4% or 5% of your earnings are called your basic contributions.

Basic Contributions (Call-A-Ride) -Your contributions to the plan, which are equal to 1%, 2%, 3%, 4%, 5%, or 6% of your earnings are called your basic contributions.

The matching contributions are made each payroll period.

If you wish to redirect the investment of your contributions, your investment instructions are directed through Lincoln Financial Group’s (LFG) Voice Response System 1-800-234-3500, or through LFG’s web site at www.lfg.com. The change will become effective as of the close of business the day the transaction is executed through the Voice Response System or through the web site.

Note: While you can change your investments daily, remember that you are investing for the long term. Frequent investment changes can negatively impact the long-term growth of your account.

When completing the form you must indicate the deferral percentage that you are electing to contribute. You may suspend your contributions at any time, however, if your contribution goes to zero, you cannot participate again until January 1 of the following year.

If no change in elections or suspensions occur, your contribution percentage will remain in effect from year to year.

To make changes to your 401k contributions—whether it’s starting, stopping, or restarting—you’ll need to reach out to Lincoln Financial Group directly. It is important to note that these adjustments are not automatic, so proactive communication with LFG is key.

Participants are allowed only one (1) outstanding loan at anytime.

If an employee takes out a loan, their deferral contributions do not need to cease during that time. However, if the employee chooses to suspend deferral contributions when requesting a loan, they must personally contact Lincoln Financial Group directly to restart deferrals. This process is not automatic.

For more detailed information on exactly how much of a loan would be available, see: Loans

If you request a hardship withdrawal and it’s approved, your deferral contributions to the Plan will be temporarily suspended for a period of six (6) consecutive months.  After the hardship suspension period, your deferral contributions will NOT automatically resume unless you choose to actively opt for it by contacting Lincoln Financial Group directly to restart contributions to the 401k plan.

For more information, see: Hardship Withdrawals

Your contributions will be broken into the following categories:

1. Basic Contributions (Salaried) – Those contributions from 1% – 5% of your earnings. These will be the only contributions matched by the company.

2. Basic Contributions (IBEW) -Those contributions from 1% – 5% of your earnings.  These will be the only contributions matched by the company.

3. Basic Contributions (ATU 788) -Those contributions from 1% – 5% of your earnings.  These will be the only contributions matched by the company.

4. Basic Contributions (Call A Ride) – Those contributions from 1% – 6% of your earnings. These will be the only contributions matched by the company.

5. Supplemental Contributions – Contributions up to 100% of your earnings as limited by the IRS as stated above. Basic Supplemental Contributions are in addition to your Basic Contributions, but Metro will make no employer matching contributions for these supplemental amounts.

If you are age 50 or older or will reach age 50 by the end of the calendar year, you may make an additional pretax contribution, called a catch-up contribution. The catch-up contribution is allowed on top of the usual pretax limit. The current catch-up contribution limit is $7,500.

Note: If you use something other than the calendar year when filing tax returns, you can make a catch-up contribution if you will reach age 50 by the end of your tax year.

Regular contributions for highly compensated employees, as defined by the Internal Revenue Code, are subject to “nondiscrimination testing” and may have lower limits. Catch-up contributions are not ordinarily subject to this testing.