Eligibility

• Full-time employees are eligible immediately upon date of hire.
• Temporary employees are eligible after completing one year of service and 1,000 hours.
• Long-term part-time employees are eligible after completing 500 hours of service in three consecutive years.

Enroll or waive participation

You can enroll in or stop contributing to the 401(k) at any time. Go to netbenefits.com or call 1-800-835-5095. You must create a PIN and complete the New User Registration.

Contributing to the 401(k)

You can contribute up to 50% of your base salary on a combined pre-tax and Roth after-tax basis up to the IRS limit, which is $23,500 in 2025.

Catch-up contributions

If you’re 50-59 or 64 and older in 2025, you can contribute an additional $7,500.

If you’re 60-63 in 2025, you can contribute an additional $11,250.

Types of contributions

You can contribute in multiple ways:

Your combined pre-tax, Roth after-tax, regular after-tax, company match, and any non-elective company contributions collectively may not exceed these limits in 2025:

• $70,000 if you’re under 50
• $77,500 if you’re 50-59 or 64 and older
• $81,250 if you’re 60-63

If you exceed the limit, you’ll receive a refund of your excess contribution after the end of the year.

If you participated in another employer’s 401(k) plan during the year and your combined contributions between your prior employer’s plan and AMCN’s 401(k) plan exceed a plan limit, it is your responsibility to notify Fidelity and request a refund of the excess contribution amount.

Annual increase program

You can set your contributions to automatically increase by one percent or more each year, up to plan limits.

Go to netbenefits.com to select the amount and date for your annual increase. You can opt-out or change the percentage amount anytime, but you can’t change the date. Your annual increase will typically go into effect within one to two pay periods after your increase date.

Your participation in the annual increase program will be stopped or paused if you:

• Stop contributing to the 401(k) Savings Plan
• Reach the maximum amount you’re allowed to contribute
• Are designated as a Highly Compensated Employee (HCE)
• Suspend contributions during a leave of absence or disability

Company match

AMC Networks matches 100% of the first 3% of your eligible pay you contribute and 50% of the next 2% you contribute. You’re immediately 100% vested in the company match.

In 2025, the maximum compensation considered for the 401(k) Plan is $350,000.

Reminder: After-tax contributions are not eligible for the company match.

Investing your 401(k) funds

How you invest your 401(k) funds, including matching contributions from AMCN, is completely up to you.

You’re automatically invested in the target fund closest to your anticipated retirement year (typically age 65). Target funds are professionally managed and adjusted over time to maintain the appropriate risk and return as you approach retirement. View FAQs or watch a short video to learn more about target funds.

You can change your investment options any time on NetBenefits.

Change to default target funds

As of July 1, 2024, the default target fund for the AMCN 401(k) Plan is managed by State Street Global Advisors. 401(k) funds that were managed by EFE automatically transitioned to the equivalent State Street target fund on November 29, 2024. You’ll incur additional fees if you chose to stay invested in the EFE fund.

Loans

You can borrow up to 50% of your vested 401(k) balance for any reason and repay the money back into your account, plus interest, through after-tax payroll deductions.

Limits and fees

You can borrow between $1,000–$50,000. The cost to initiate a loan is $50, and each loan has a $25 yearly maintenance fee is $25. These fees are deducted directly from your account.

You can have up to two loans at one time:

• A loan for any purpose and a loan for the purchase of your primary place of residence, or
• Two general purpose loans

Defaulted loans

If you don’t repay the loan, it will be considered in “default” and treated as a distribution, making it subject to income tax and possibly to a 10% early withdrawal penalty. Defaulted loans may also impact your eligibility to request additional loans.