Important Information About the Alcatel-Lucent Savings/401(k) Plan

The recordkeeper for the Alcatel-Lucent Savings Plan is changing

Effective January 1, 2014, Aon Hewitt will become the new recordkeeper for the Alcatel-Lucent Savings/401(k) Plan*, replacing Fidelity. The investment funds offered under the Plan are not changing as a result of the change in recordkeeper. However, as part of the transition, and as described in the transition guide, there are temporary periods — called “blackout periods” — where your ability to access your account information and conduct transactions will be limited. 

Please read this guide carefully in order to understand what changes might affect you and to decide whether you need or want to take action before the transition to Aon Hewitt begins.

Click here: Coming Soon: A New Recordkeeper for the Alcatel-Lucent Savings/401(k) Plan

Please also read and retain a copy of the legal notices booklet entitled Important Information About the Alcatel-Lucent Savings/401(k) Plan . It contains information regarding changes to the Alcatel-Lucent Savings/401(k) Plan as well as updates to important legally required disclosures. 

  • The Summary of Material Modifications (SMM) summarizes changes to the Alcatel-Lucent Savings/401(k) Plan that are effective January 1, 2014;
  • The update to the Annual Fee-and-Expense Disclosure effective January 1, 2014; and
  • The annual Qualified Default Investment Alternatives Notice describes what happens if you do not provide investment elections for contributions to your Plan account.

If you have questions about the transition, blackout dates or about your benefits under the Alcatel-Lucent Savings/401(k) Plan, please refer to the contact information on page 13 in the Coming Soon: A New Recordkeeper for the Alcatel-Lucent Savings/401(k) Plan transition guide.

You have the right to request and receive a hard-copy version of this transition guide and legal notices document. To request a copy call the NA HR Service Center at 1-888-582-3684 from 9:00 a.m. to 6:00 p.m., Eastern Time, Monday through Friday.

Important Information If You Have a Self-directed Brokerage Account

You recently received additional information at your address of record from Hewitt Financial Services, LLC regarding the transition of your self-directed brokerage account. In considering whether to take action, you may wish to review the list of mutual funds offered by Hewitt Financial Services, LLC. If you have any questions about this list, please contact Hewitt Financial Services, LLC at 1-800-890-3200.

*Refers to both the Alcatel-Lucent Savings Plan and the Lucent Technologies Inc. Long Term Savings and Security Plan.