PLANSPONSOR - February/March 2020 - 27

* = Requalified plans.
Group 1001 401(k) Savings Plan
(Waltham, Massachusetts)
$51mm / 552 participants / Insurance, Reinsurance
95.8%
ELIGIBILITY:
8.7% DEFAULT DEFERRAL RATE:
17
Twice a year
Yes
MATCH VESTING PERIOD:
MATCH RATE:
% RECEIVING FULL MATCH:
2 years
50% of first 6% of salary
>75%
DEFAULT INVESTMENT:
AUTO-ESCALATION:
PARTICIPATION RATE:
AVG DEFERRAL RATE:
# OF FUNDS OFFERED:
INVESTMENT REVIEW:
TRUE-UP FEATURE:
Immediate
6%
SYSTEMATIC WITHDRAWALS:
FEE EQUALIZATION:
TDF (all types)
Opt-out
No
Yes
MAX EMPLOYER CONTRIBUTION:
3%
FINANCIAL EDUCATION:
o Saving/Budgeting o Investing strategies o Tax/Estate planning
o College saving o Credit/Debt mgmt o Retiree health costs/savings options
RECORDKEEPER:
Schwab Retirement Plan Services, Inc
GS Global Resources, Inc.
(Mukwonago, Wisconsin)
$20mm / 200 participants / Industrial Manufacturing
96%
ELIGIBILITY:
9% DEFAULT DEFERRAL RATE:
10
Quarterly
Yes
MATCH VESTING PERIOD:
MATCH RATE:
% RECEIVING FULL MATCH:
1 year or less
DEFAULT INVESTMENT:
AUTO-ESCALATION:
Land O'Lakes, Inc.*
(St. Paul, Minnesota)
$1.6b / 11,228 participants / Food/Agriculture
94%
PARTICIPATION RATE:
AVG DEFERRAL RATE:
# OF FUNDS OFFERED:
INVESTMENT REVIEW:
TRUE-UP FEATURE:
MATCH VESTING PERIOD:
MATCH RATE:
% RECEIVING FULL MATCH:
ELIGIBILITY:
7.7% DEFAULT DEFERRAL RATE:
13
Quarterly
Yes
4 years
AUTO-ESCALATION:
Immediate
6%
DEFAULT INVESTMENT: Retail TDF (active)
Yes
SYSTEMATIC WITHDRAWALS:
FEE EQUALIZATION:
100% of first 3% of salary, then 50% of next 2%
>90%
MAX EMPLOYER CONTRIBUTION:
Yes
No
9%
FINANCIAL EDUCATION:
o Saving/Budgeting o Investing strategies o Tax/Estate planning
o College saving o Credit/Debt mgmt o Retiree health costs/savings options
RECORDKEEPER:
Alight Solutions
PARTICIPATION RATE:
AVG DEFERRAL RATE:
# OF FUNDS OFFERED:
INVESTMENT REVIEW:
TRUE-UP FEATURE:
Immediate
4%
SYSTEMATIC WITHDRAWALS:
FEE EQUALIZATION:
50% - 99% of first 8% of salary
40%-50%
TDF (all types)
Opt-out
Yes
Not applicable
MAX EMPLOYER CONTRIBUTION: >5% - 7%
FINANCIAL EDUCATION:
o Saving/Budgeting o Investing strategies o Tax/Estate planning
o College saving o Credit/Debt mgmt o Retiree health costs/savings options
RECORDKEEPER:
Empower Retirement
Kyowa Kirin 401K Retirement Plan
(Princeton, New Jersey)
>$50mm - $100mm / 500 - 999 participants / Pharmaceuticals
96%
ELIGIBILITY:
8.3% DEFAULT DEFERRAL RATE:
17
Twice a year
MATCH VESTING PERIOD:
MATCH RATE:
% RECEIVING FULL MATCH:
Immediate
DEFAULT INVESTMENT:
AUTO-ESCALATION:
Lhoist North America
(Fort Worth, Texas)
$215mm / 1,000-4,999 participants / Mining
86%
PARTICIPATION RATE:
AVG DEFERRAL RATE:
# OF FUNDS OFFERED:
INVESTMENT REVIEW:
TRUE-UP FEATURE:
MATCH VESTING PERIOD:
MATCH RATE:
% RECEIVING FULL MATCH:
ELIGIBILITY:
Quarterly
Yes
Immediate
8.2% DEFAULT DEFERRAL RATE:
22 DEFAULT INVESTMENT:
AUTO-ESCALATION:
Immediate
5%
SYSTEMATIC WITHDRAWALS:
FEE EQUALIZATION:
100% of first 3% of salary, then 50% of next 2%
>90%
TDF (all types)
Opt-out
Yes
No
MAX EMPLOYER CONTRIBUTION:
8% - 14%
FINANCIAL EDUCATION:
o Saving/Budgeting o Investing strategies o Tax/Estate planning
o College saving o Credit/Debt mgmt o Retiree health costs/savings options
RECORDKEEPER:
T. Rowe Price
PARTICIPATION RATE:
AVG DEFERRAL RATE:
# OF FUNDS OFFERED:
INVESTMENT REVIEW:
TRUE-UP FEATURE:
After 3 months
3%
No SYSTEMATIC WITHDRAWALS:
FEE EQUALIZATION:
100% of the first 4% of salary
>90%
TDF (all types)
Opt-out
Yes
Not appplicable
MAX EMPLOYER CONTRIBUTION:
7%
FINANCIAL EDUCATION:
o Saving/Budgeting o Investing strategies o Tax/Estate planning
o College saving o Credit/Debt mgmt o Retiree health costs/savings options
RECORDKEEPER:
Fidelity Investments
Lincoln Financial Group
(Radnor, Pennsylvania)
>$2b / 10,000 or more participants / Insurance, Reinsurance
99%
ELIGIBILITY:
8% DEFAULT DEFERRAL RATE:
17
Quarterly
MATCH VESTING PERIOD:
MATCH RATE:
% RECEIVING FULL MATCH:
Immediate
DEFAULT INVESTMENT:
AUTO-ESCALATION:
PARTICIPATION RATE:
AVG DEFERRAL RATE:
# OF FUNDS OFFERED:
INVESTMENT REVIEW:
TRUE-UP FEATURE:
Immediate
6%
No SYSTEMATIC WITHDRAWALS:
FEE EQUALIZATION:
100% of 6% of salary + bonus
>75%
TDF (all types)
Opt-out
Yes
Yes
MAX EMPLOYER CONTRIBUTION:
10%
FINANCIAL EDUCATION:
o Saving/Budgeting o Investing strategies o Tax/Estate planning
o College saving o Credit/Debt mgmt o Retiree health costs/savings options
RECORDKEEPER:
Lincoln Financial Group
Note: Match rates and employer contributions are simplified for reporting purposes and may have other attributes (e.g., caps/limits, tiers, etc.) not listed here.
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PLANSPONSOR - February/March 2020

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