The Hershey Company

LocationHershey, PA
Asset Size$1.4B
Number of Participants10,000 or More Participants
BusinessManufacturing (Consumer Products)
Participation rate92%
Avg. deferral rate9.1%
No. of funds offered11
Investment ReviewQuarterly
True-up featureNo
Match Vesting Period2 years
EligibilityImmediate
Default deferral rate4%
Default investmentRetail TDF (Index)
Auto-escalationOpt-out
Systematic withdrawalsYes
Fee equalizationNo
Match Rate100% of first 1% of salary; 70% of the next 5%
% receiving full match>75%
Max Employer Contribution7.5%
  
Financial education: 
Saving/budgetingx
Investing strategiesx
College saving 
Credit/debt mgt 
Tax/estate planning 
Retiree health costs/savings optionsx
  
RecordkeeperVanguard
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