401(k) Day

1% Challenge

September 5, 2025

September 5 is National 401(k) Day and what better way to celebrate than by improving both your finances and your health. Join us in doing just that by participating in the Prime Capital Retirement 401(k) Day 1% Challenge, a unique wellness event which consists of two components;

  1. Increase the amount you are contributing to your retirement plan by 1% of your compensation.

  2. Run or walk 1% of 401 kilometers (4.01k). This is equal to 2.5 miles.

As an incentive, if you complete the 1% Challenge on September 5 and log your run or walk, you will be entered in a raffle for a chance to win a $100 gift card. One gift card will be given away each hour that day, from 1:00 am to midnight, to a participant who completed the challenge during the prior hour. You may enter as many times as you wish (or can), but you have to run/walk 4.01k each hour of the day that you enter!

*Run must be logged within 3 hours of completion to be eligible for gift cards.

Event Details

Why Participate?

Often, it’s the little things in life that can make the biggest difference. Running 4.01 kilometers or saving an additional 1% into your retirement plan doesn’t seem like much, and that’s precisely the point. However, that run or walk may be the catalyst to begin an exercise program or enter a 5k race that ends up having lasting health benefits.

Likewise, if you increase your savings by 1% you won’t feel a major sting when you get your next paycheck, but it can mean a lot in retirement.

401(k) Resources

Webinars

We provide education on numerous topics so you can achieve your financial goals. Check them out here.

Investing for Retirement

Whether retirement is decades away or right around the corner, how you save for retirement is an essential part of your future financial security. Watch the video here.

Contribution Calculator

Review this worksheet to get a better understanding on what an increase in saving means to you.

Who is Prime Capital Retirement

Our mission is to help people at every level feel more confident about their finances, and take full advantage of their benefits. We focus on helping people save, invest, and manage their money in order to accomplish their unique life’s ambitions. We use face-to-face interaction coupled with technology to help find solutions that fit each plan participant. Positive participant outcomes are driven through a combination of person-to-person communication, group meetings, one-on-one meetings, and data collection, all of which contribute to a holistic view of participants’ real needs. Click here to learn more about who we are!

Frequently Asked Questions

  • What is the deadline to submit my run/walk?

    • Runs must be submitted by the end of the day Saturday, September 6 to be eligible.

  • Can I participate if I am already contributing the maximum amount possible?

    • That is great that you are contributing the maximum. We would love for you to participate and log your run or walk so you can be acknowledged, but you would not be eligible to win a prize.

  • Are other activities allowed besides running or walking?

    • To be fair to all participants, only walking and running are included.

  • How many times can I enter?

    • You can enter once per hour, which means you could enter 24 times.

  • Can one run be entered more than once?

    • Yes, if you run/walk extends into two hours and you completed 2.5 miles in each hour, the run can count for both hours.

  • When will winners be announced?

    • Winners will be announced on Monday, September 8.

  • Does my employer have to be a client of Prime Capital?

    • No, anyone is welcome to participate.