Cintas Partners’ Plan
The Cintas Partners’ Plan offers you three ways to save for your future.
401(k)
Eligibility
All partners are automatically enrolled after three months of eligible service with Cintas. To receive a Company 401(k)-matching contribution, you must be an active, eligible partner on the last day of the fiscal year (May 31) with at least 1,000 hours of service during the previous calendar year who made personal contributions to the 401(k) during the previous calendar year.
Your Contributions
- Contribute 1% to 75% of your eligible compensation, up to the IRS annual maximum.
- Unless you decline, 3% of your eligible pay will be automatically deducted on a before-tax basis from each paycheck (beginning with the first paycheck after you become eligible).
Investment Options
- Review details of funds available.
- Contributions will be automatically invested in the T.Rowe Price Target Date Fund that best corresponds to your age — the fund is a mix of investments that is pre-selected and automatically adjusted according to your projected retirement date.
- If you prefer a more hands-on approach, you may invest in the plan’s core funds that you select yourself; if you go this route, you’ll want to be sure your investments are diversified so you’re not relying too much on any one investment.
- Change your investment elections at any time on PartnerConnect.cintas.com (click the Savings & Retirement tab).
Company Contributions
- Determined at the Company’s discretion after the end of the fiscal year (May 31).
- Calculated based on a percentage of your own contributions to the 401(k) for the previous calendar year, up to 10% of your pay; 6% of pay for certain highly compensated partners — you’ll receive a personalized letter with the details of your Annual Company Contribution each year.
- Deposited into your account (same investment option as your contributions) typically 60–90 days after the last day of the fiscal year.
Rollovers from Previous Employers
- Click the Savings & Retirement tab on PartnerConnect to request a rollover form online or call the Cintas Service Center at 866.256.6559.
Profit Sharing
Cintas may make contributions to reward you for helping the company grow. Profit Sharing contributions are determined at the Company’s discretion after the end of the fiscal year (May 31).
Eligibility
To receive contributions, you must be an active, eligible partner on the last day of the fiscal year (May 31) with at least 1,000 hours of service during the previous calendar year (plan year).
How It Works
- First, the Company determines the total dollar amount it will contribute.
- Then you earn points based on your pay and years of service.
- Your points are divided by the total points of all participants, to get a percentage figure.
- This percentage is then multiplied by the total dollar amount that Cintas is contributing, to get the amount you receive.
- You’ll receive a personalized letter with the details of your Annual Company Contribution each year.
Employee Stock Ownership Plan (ESOP)
Cintas may purchase stock on your behalf, so you can “own” a piece of the Company. ESOP shares are determined at the Company’s discretion after the end of the fiscal year (May 31).
Eligibility
To receive stock, you must be an active, eligible partner on the last day of the fiscal year (May 31) with at least 1,000 hours of service during the previous calendar year (plan year).
How It Works
- First, the Company determines the total dollar amount it will contribute.
- Then you earn points based on your pay and years of service.
- Your points are divided by the total points of all participants, to get a percentage figure.
- This percentage is then multiplied by the total dollar amount that Cintas is contributing.
- This amount, divided by the share price of Cintas stock as of the contribution funding date, will be used to determine the number of shares of Cintas stock that you will receive.
- You’ll receive a personalized letter with the details of your Annual Company Contribution/stock shares each year.
LEARN HOW THE CINTAS PARTNERS’ PLAN HELPS GROW YOUR SAVINGS
Watch a video explaining how the Cintas Partners’ Plan works.
CINTAS INVESTS IN YOU
In 2024, the Company contributed:
- $23.4 million in 401(k) matching contributions — a 20% match of each eligible partner’s personal contributions (up to 10% of pay)
- $90.4 million in Profit Sharing and Employee Stock Ownership Plan contributions