2015 Best in Class 401(k) Plans | Winner
MDU Resources Group, Inc.
| Location | Bismark, North Dakota |
| Asset Size | $792 million |
| Number of Participants | 6,940 |
| Business | Construction |
| Participation Rate | 94% |
| Avg Deferral Rate | 7.80% |
| Number of Funds | 16 |
| Investment Review | Quarterly |
| Fee Review | 2–3 years |
| Fee Equalization | Unsure/Don’t know |
| Auto-Enrollment Rate | 3% |
| Auto-Escalation Rate | 1% |
| Re-Enrollment | No |
| Default Investment | Target-date (active) |
| Ret Income Offering | NR |
| Vesting Period | Immediately |
| Match Rate | 50% of first 6% of salary |
| % Receiving Full Match | >50%–75% |
| True-Up Match | Yes |
| Financial Education | |
| Saving/budgeting | X |
| Investing strategies | X |
| College saving | |
| Credit/debt mgmt | |
| Tax/estate planning | |
| Retiree health costs/savings options | X |
| Provider | New York Life Retirement Plan Services |
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