Sony USA 401(k) Plan

Plan Name Sony USA 401(k) Plan
Location New York, NY
Asset Size $3.49B
Number of Participants 23,996
Business Technology & Entertainment
Participation rate 92.2%
Avg. deferral rate 9.0%
No. of funds offered 12
Investment Review Quarterly
True-up feature Yes
Match Vesting Period Immediate
Eligibility Immediate
Default deferral rate 6.0%
Default investment Institutional Target-Date Fund
Auto-escalation Opt-Out
Systematic withdrawals Yes
Fee equalization Not applicable
Match Rate 100% of first 3% of salary; 50% of next 3%
% receiving full match 65% or more
Max Employer Contribution 8.0%
Financial education:  
Saving/budgeting Yes
Investing strategies  
College saving  
Credit/debt mgt  
Tax/estate planning  
Retiree health costs/savings options  
Recordkeeper Empower Retirement
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