Mitsui & Co. (U.S.A.), Inc.
Plan name | Mitsui & Co. (U.S.A.), Inc. 401(k) Retirement Plan |
Location | New York, New York |
Asset size | $115.0MM |
Participants | 1,024 |
Industry | Business Services |
Participation rate | 92% |
Average deferral rate | 8.0% |
# of funds offered | 14 |
Investment review | Annually |
True-up match | Yes |
Match vesting period | Immediately upon enrollment |
Eligibility | Immediately upon hire |
Default deferral rate | 5% |
Default investment | Retail Target-date Fund (Indexed) |
Automatic escalation | Opt-out |
Systematic withdrawals | Yes |
Fee equalization | Not applicable |
Match rate | 51%-99% on the first 6% of salary deferrals |
% receiving full match | >75% |
Maximum employer contribution | 4% |
Financial education: | |
Saving/Budgeting | Yes |
Investing strategies | Yes |
College saving | Yes |
Credit/Debt management | Yes |
Tax/Estate planning | Yes |
Retiree health costs/savings options | Yes |
Recordkeeper | Vanguard |