Your 401(k) Plan

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This SPD is designed to meet legal requirements for summary plan descriptions covered under the Tribal Employee Retirement Income Security Act (“TERISA”). This SPD supersedes all earlier descriptions of the Plan, as of January 1, 2024.

The Mashantucket Pequot Tribe (MPT) 401(k) Retirement Plan (“the Plan”) can help you save money for your retirement through easy payroll deductions. The Plan includes employer contributions from the Mashantucket Pequot Tribal Nation (“MPTN”) that match your pre-tax and Roth after-tax salary contributions.

Through careful planning and financial management, it is possible to build a nest egg that could help you realize your retirement goals. MPTN provides the resources, tools and support to help you make investment decisions. Please take the time to review this Summary Plan Description (“SPD”) to learn all you can about your Plan’s options so that you can implement and further your retirement savings strategy.

This SPD does not cover every provision of the Plan. Complete details about the Plan can be found in the official Plan Document. Rights and benefits under the Plan are governed by the formal Plan Document. If there is a discrepancy or inconsistency between this SPD and the Plan Document, the Plan Document will govern to the extent permitted by law.

This Plan or SPD shall not be deemed to constitute a contract of any type between MPTN and any participant or be consideration for, or an inducement or condition of, the employment of any employee. Nothing in this Plan or SPD shall be deemed to give any employee the right to be retained in the service of MPTN or to interfere with the right of MPTN to discharge any employee at any time; provided, however, that the foregoing shall not be deemed to modify the provisions of any collective bargaining agreements which may be entered into by MPTN with the bargaining representatives of any employees.

If you have difficulty understanding any part of this SPD, contact Human Resources at 1-888-287-4369, Monday through Friday, 8 a.m. to 4 p.m., Eastern Time, except on certain holidays.