401(k) Retirement Plan

Eligibility

You are eligible to participate in the Azuria Water Solutions, Inc. 401(k) Retirement Plan if you are a full-time or part-time regular, non-union employee. Log on to principal.com any time to choose your beneficiaries and adjust your asset distributions.

Contributions

You may contribute up to 50% pre-tax, Roth (post-tax) or a combination of both of your eligible compensation to the annual IRS maximum of $24,500.

If you are age 50 or over, you can make “catch-up” contributions up to $8,000. Workers age 60-63 can make an additional “catch-up” contribution of $3,250 on top of the $8,000 catch-up contribution.

If you made $145,000+ in FICA wages in 2025, catch-up contributions in 2026 must be made to a Roth source.

Company Match

Azuria generously matches your contributions to boost your savings in the following amounts:

• 100% of the first 3% you contribute
• 50% of the next 2% you contribute

Take advantage of the full Company match by contributing at least 5%.

Money Saving Tips 

• It’s never too early — or too late — to save for retirement.
• Roll over any other 401(k) accounts you may have from previous employers into the plan.
• Keep it in your account. While you can borrow up to 50% of your 401(k) balance, you will pay taxes and penalties when you withdraw money before retirement age.
• Make saving a habit and increase the amount over time. No matter how small your investment is, the important thing is to just start saving now.
• Make sure you have a diversified portfolio, so it can withstand any market downturns.
• Talk with your financial advisor about whether you should contribute money before or after taxes.