UPM-Kymmene Salaried Employees 401(k) Retirement Plan
| Plan Name | UPM-Kymmene Salaried Employees 401(k) Retirement Plan |
| Location | Naperville, IL |
| Asset Size | $115MM |
| Number of Participants | 340 |
| Business | Manufacturing – Consumer Products |
| Participation rate | 95.0% |
| Avg. deferral rate | 10.2% |
| No. of funds offered | 21 |
| Investment Review | Twice a year |
| True-up feature | No |
| Match Vesting Period | 4 years |
| Eligibility | Immediate |
| Default deferral rate | 6.0% |
| Default investment | Custom Target-Date Fund |
| Auto-escalation | Opt-in |
| Systematic withdrawals | Yes |
| Fee equalization | Yes |
| Match Rate | 50% of first 6% of salary |
| % receiving full match | 90% or more |
| Max Employer Contribution | >10% |
| Financial education: | |
| Saving/budgeting | Yes |
| Investing strategies | Yes |
| College saving | |
| Credit/debt mgt | Yes |
| Tax/estate planning | |
| Retiree health costs/savings options | |
| Recordkeeper | Securian Financial Group |
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