When Watco makes a contribution on the part of an employee, that money is permanently out of Watco's control. This amounts to hundreds of thousands of dollars every year. Imagine if Watco invested that same amount of money into new buildings, new locomotives, or new business ventures. On the surface it would appear that Watco could grow and improve just that much more. Instead, we believe that money is better invested into the lives and retirement accounts of our employees. We believe that each employee is worth more to the future of Watco than any new locomotive or building, and prove it by putting our money where our mouth is.
You have control over how your money is invested. Watco offers funds that are very diverse. You can place your money into funds that are technology based, invested in large companies, invested in small companies, invested overseas, or in government bonds. The money is yours and the choice is yours. Now that the blackout period is over, you may call the toll free number 800-291-1585 or visit the website www.myretirementfuture.com, and make changes in your own investment selections.
If you have questions regarding Watco's 401(k) plan, please call. We are ready and willing to help you in any way. Our AG Edwards representative, James Hall, is available by calling 800-255-0273. You also may talk to Rita, Lori, or Walter at the corporate office by calling 620-231-2230. – less – More from ZoomInfo »