SEMCO Energy

LocationPort Huron, MI)
Asset Size>$100MM – $200MM
Number of Participants500 – 999 Participants
BusinessOil & Gas/Energy
Participation rate88%
Avg. deferral rate9.5%
No. of funds offered14
Investment ReviewQuarterly
True-up featureYes
Match Vesting PeriodImmediate
EligibilityImmediate
Default deferral rate5%
Default investmentRetail TDF (active)
Auto-escalationOpt-in
Systematic withdrawalsYes
Fee equalizationYes
Match Rate80% match  of first 5% of salary
% receiving full match>75%
Max Employer Contribution8.0%
  
Financial education: 
Saving/budgetingx
Investing strategiesx
College savingx
Credit/debt mgt  
Tax/estate planning  
Retiree health costs/savings optionsx
  
RecordkeeperT. Rowe Price
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