The benefits package at Novant Health includes the Retirement Plus Plan. To ensure team members have the information, resources and support they need to make decisions with confidence, Novant Health is pleased to partner with Fidelity Investments, who is the record-keeper for the Plan.
Accessing your account
Participants access their account by logging on to Fidelity NetBenefits at www.netbenefits.com/novanthealth. If you already have other accounts with Fidelity, you can use your existing log in information to access your Novant Health account.
Planning and guidance
Complimentary one-on-one consultation is available to answer questions about retirement planning or help determining which investment options may be right for you. You can contact the Fidelity retirement planning team at 800-603-4015 or schedule an appointment online at www.fidelity.com/reserve.
Designate your beneficiary
It is important to designate your beneficiaries for the Plan. You can designate, review or update your beneficiary elections using Fidelity's secure online election tool located under the Profile link after logging into NetBenefits at www.netbenefits.com/novanthealth. Or you can contact the Fidelity Retirement Service Center for a beneficiary form at 800-343-0860.
Additional Plan features
- Contributions: You can contribute 1-60% of your salary on a pretax basis to the Plan in 0.1% increments. Novant Health contributes to your retirement through a dollar for dollar match of the first 6% you contribute to the Plan. You are eligible for the matching contribution after completing one year of service and vested in the matching contribution after 3 years of service (1,000 hours in a calendar year).
- Auto increase program: An optional program that automatically increases your contribution rate by 1-3% on an annual basis. You choose the amount and the date of the increase and can opt out at any time.
- Investment options: The Plan offers a full range of investment options, including Target Retirement Date Funds to help you reach your retirement savings goals.
- Online planning tools: Fidelity offers a wide variety of investment analysis and retirement planning tools on NetBenefits. Click the Planning link at the top right of the NetBenefits homepage to access the Fidelity Planning and Guidance Center.