What you need to know
After you’ve worked at the Company for 30 days, you’re eligible to participate in the 401(k) Retirement Savings Plan, administered by Vanguard.
Rentokil matches 50 percent of the first 7 percent of your contributions for each pay period that you contribute, up to a maximum match of 3.5 percent. Maximize your Company match by contributing 7 percent to your retirement savings.
You can contribute pre-tax, post-tax (Roth) contributions — or a combination of both!
After 90 days, you’ll be automatically enrolled at a contribution rate of 3 percent per pay period, unless you opt out of participating in the 401(k) plan by contacting Vanguard.
How it works
Contribute to your 401(k)
You may contribute between 1 percent and 80 percent of your eligible pay to your plan account, up to the annual IRS limits.
2026 annual IRS contribution limits
- Age 49 or younger: $24,500 combined pre-tax/Roth limit
- Age 50–59 and 64 and older: $32,500 (you may contribute an additional $8,000 as a catch-up contribution)
- Age 60–63: $35,750 (you may contribute a higher catch-up contribution of $11,250)
Beginning in 2026, if you’re age 50 or older and your wages in 2025 exceeded $150,000, you’re required to make any catch-up contributions as Roth (after-tax) contributions.
You may change your contribution rate at any time during the year. Sign in to your account at vanguard.com/retirementplans. Your plan number is 093934.
Designate a beneficiary
Naming a beneficiary for your 401(k) Plan ensures that, in the event of your passing, benefits will be paid according to your wishes. 401(k) beneficiaries must be set up with Vanguard or through the Vanguard website. Your beneficiaries as they appear in Workday only apply to your life insurance options.
Consider your investment options
Carefully review the investment funds’ objectives, risks, charges, and expenses. If you do not make an investment election, you will automatically be invested in the Vanguard Target Retirement Trust Fund that aligns with the year in which you will turn age 65. You may adjust your elections at any time to meet objectives and manage risk.
Vest after two years of employment
Vesting refers to the amount of money in the 401(k) account that is yours to keep. You vest — or own — all of the contributions you make to your own account. You become vested in Company match contributions after two years at Rentokil.
Digital Advisor Services
Get no-cost and low-cost advice and money management to help you reach all your financial goals:
- Digital Advisor: Vanguard Digital Advisor offers expert advice and high-tech investment management service—available entirely online, including custom financial plan, big-picture planning, ongoing investment management. No minimum investment requirement.
- Personal Advisor: Vanguard Personal Advisor is our premium advice and money management service. You can sign up once you have at least $250,000 in your retirement plan.
- Situational Advisor: Vanguard Situational Advisor is an advice-only service that connects you with a financial advisor when you need one. You can get help with any financial situation or life event — from buying a home to planning for retirement and everything in between. We’ll give you advice that you can put into action. Situational Advisor is available to RTX colleagues at no cost.
Questions? Contact Vanguard at (800) 523-1188.
Consider a Cash Plus Account
A Cash Plus account can help you reach all your financial goals, not just retirement. Cash Plus offers access to a competitive APY,1 your money when you need it,2 an easy way to pay bills,3 and unlimited transactions.
1 APY is annual percentage yield. The Cash Plus sweep program APY will vary and may change at any time.
2 Your account may be subject to various restrictions to reduce the risk of fraud. Your transactions may be subject to a 7-day holding period as well as daily transaction limits. Generally, new accounts will be subject to a 60-day holding period for cash and check deposits. During this time, you can invest with this cash, but cash deposits into your account may only be returned to the bank account from which the cash was withdrawn. After the holding period is complete, your funds will be fully available to transfer or withdraw.
3 Some third-party institutions may not accept the Cash Plus Account routing number for transactions. If you have any issues using the routing number on a third-party website, contact the provider.