AutoZone 401(k)

AutoZone offers its employees a comprehensive 401(k) plan to help them save for retirement. If you are a new hire seeking to enroll in the AutoZone 401(k) plan or an existing participant seeking more details about the plan, this guide covers everything you need to know about the AutoZone 401(k) plan.

AutoZone employees are eligible to participate in the company's 401(k) immediately upon hire if they are 18 or older. Eligible participants can contribute up to 75% of their pay to the 401(k), up to the annual 401(k) contribution limit. AutoZone offers a 100% match on up to 3% of employee contributions and a 50% match on the next 2% of employee contributions.

AutoZone 401k provider

AutoZone offers the AutoZone Inc. 401(k) plan through Prudential Retirement, a leading financial services provider. The provider offers plan participants various tools, investment options, and resources to help them manage their 401(k) retirement savings.

Enrolled AutoZone 401(k) plan participants can access their 401(k) accounts via the Prudential Retirement website. The online platform allows participants to allocate funds across different investment options, project their savings, and monitor their retirement savings over time.

As of April 1, 2022, Empower acquired the full-service retirement business of Prudential Retirement.

AutoZone 401k login

AutoZoners can access their 401(k) accounts online through the Prudential Retirement website. Plan participants are required to enter a username and password to log in to their 401(k) account.

If you are a first-time user, you will be required to register a new account to access your 401(k) account. If you forgot your username or password, use the “forgot username/password” feature to create new login details.

The online platform allows participants to check their 401(k) balance, adjust contributions, reallocate funds to various investment options, and access important plan documents.

AutoZone 401k match

AutoZone offers a 100% match on the first 3% of contributions that an employee puts into the plan and an additional 50% match on the next 2% of employee contributions. So, if you contribute 5% of your pay, the company will contribute an additional 4% to your 401(k) account. To take full advantage of the company match, you should contribute at least 5% of your pay to the plan.

AutoZone 401k customer service

If you have any questions or need help with your AutoZone 401(k) plan, you can contact Prudential’s customer service at 1-800-621-1089 any time from Monday to Friday 8.00 am to 6.00 pm EST. AutoZone also has an automated voice response system available 24/7.

AutoZone 401k loan

AutoZoners may be allowed to borrow against their accumulated 401(k) money to meet certain large expenses and emergencies. The plan allows participants to borrow a general-purpose 401(k) loan for any needs or a residential loan to purchase or build a principal residence.

AutoZone 401k after termination

Once you leave your job at AutoZone, you have a few options with the money. You can choose to leave the 401(k) money with Prudential, roll over to the new employer’s 401(k) or IRA, or make a withdrawal.

If you are happy with Prudential’s investment options, you can leave the money in the plan but you need to have at least $5,000 in your 401(k) account. Rolling over to an IRA or 401(k) can help ensure continuity in your retirement savings. However, if you choose to withdraw the money, be aware that the withdrawal may be subject to taxes and penalties.

AutoZone 401k withdrawal

You will be allowed to withdraw money from your AutoZone 401(k) plan starting from age 59 ½ or later. Withdrawals made after age 59 ½ will be subject to income taxes at your tax bracket. You can choose to delay withdrawals until you reach age 73 when you must start taking Required Minimum Distributions (RMDs).

AutoZone 401k early withdrawal

In certain circumstances, AutoZone 401(k) plan participants may be allowed to take early withdrawals before age 59 ½. The plan may allow early withdrawals if a participant is facing an immediate and heavy financial need, including medical expenses, disability, foreclosure, post-secondary education costs, etc. 

Early 401(k) withdrawals are subject to income taxes and early withdrawal penalties. However, certain qualifying situations may qualify for an exemption from the 10% early withdrawal penalty.

AutoZone 401k rollover form

You can obtain the rollover form by logging into your AutoZone 401(k) account. You can also contact Prudential’s customer service at 1-800-621-1089 to request the rollover form. When filling out the form, you will be required to provide information about the destination retirement plan, including plan name, account number, routing number, and the type of rollover.

AutoZone 401k account number

There are several ways to find your AutoZone 401(k) account number. You can log into your 401(k) account and check under your account profile. You can also call Prudential’s customer service to request your account number; you will be required to verify your identity before you can obtain the required information. You can also check your old 401(k) statements to find your account number.

AutoZone 401k phone number

If you have any questions regarding your 401(k) plan, you can contact Prudential Retirement customer service at 1-800-621-1089 from Monday to Friday, 8 a.m. to 6 p.m. EST.

AutoZone 401k administrator

The plan administrator for the AutoZone 401(k) plan is Rick Smith, the Senior Vice President, Human Resources and Customer Satisfaction at AutoZone Inc. If you have any questions about your retirement benefits, you can contact the plan administrator at 1-901-495-6500. You can also write to the plan administrator via the following address: P.O. BOX 2198 123 South Front Street, Memphis, TN 38103.

AutoZone 401k eligibility

AutoZone employees become eligible to enroll in the company-sponsored 401(k) plan immediately upon hire, as long they are at least age 18 or older. Enrolled participants can contribute up to 75% of their eligible pay to the plan on a pre-tax basis.

AutoZone 401k vesting

Employee contributions to the AutoZone 401(k) plan become fully vested immediately upon contributions. However, employer matching contributions are subject to a 5-year vesting schedule, after which participants get to fully own the money.

AutoZone 401k app

AutoZone employees can manage their benefits via the AutoZoners app, and access various other features, including healthcare, savings and discounts, life and disability, etc. You can download the AutoZoners app from the Google Play Store and App Store.

AutoZone 401k summary plan description

The Summary Plan Description (SPD) provides information about the AutoZone 401(k) plan, including eligibility requirements, contributions, employer match, withdrawal rules, rollovers, etc. Employees can request the SPD by logging into their 401(k) account on the Prudential website, or from AutoZone's benefits department.