- This plan rewards eligible* associates based on two key factors: policy growth and underwriting performance
- If profit sharing is awarded, a portion may be deposited directly into each eligible associate's Vanguard 401(k) account as a Company contribution. There may also be a portion of the profit sharing award that is paid as a cash payout, provided the eligible associate is employed on the date (typically in late February) of payment
- Over the last ten years, GEICO's contributions to this plan have paid approximately 20% of associates' eligible earnings**
*To become eligible, associates must meet service requirements.
**Past performance is not a guarantee of future results, and profit sharing is not a guaranteed benefit