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Benefits

401(k) Retirement Savings Plan

To help you provide for your retirement years, Standard offers you the Standard Motor Products, Inc. Profit Sharing/401(k) Capital Accumulation Plan and an Employee Stock Ownership Plan (ESOP). You are eligible to participate in these plans on the first day of the new calendar quarter following completion of 30 days’ service with the company. Eligible employees will receive enrollment materials 30 days prior to eligibility.  Regardless of your hire date, we will accept rollovers from your previous employer from qualified plans that have pre-taxed funds.

You may select from a range of funds to invest your Profit Sharing/401(k) account and you may reallocate you investments once each month. Information about the value of your Profit Sharing/401(k) and ESOP funds is available daily from our bank trustee, Fidelity Investments. You can access your account 24 hours a day seven days a week--by telephone through the Fidelity Investments Customer Service line (800) 835-5095 or online at www.netbenefits.com.