| Plan name | The Chemours Retirement Savings Plan |
|
Location
|
Wilmington, Delaware
|
|
Asset size
|
$485.6MM
|
| Participants
|
4,369
|
|
Industry
|
Chemical Manufacturing & Production
|
|
Participation rate
|
94%
|
|
Average deferral rate
|
10.0%
|
| # of funds offered
|
10
|
|
Investment review
|
Quarterly
|
|
True-up match
|
Yes
|
|
Match vesting period
|
Immediately upon enrollment
|
|
Eligibility
|
Immediately upon hire
|
|
Default deferral rate
|
6%
|
|
Default investment
|
Retail Target-date Fund (Active Management)
|
|
Automatic escalation
|
Opt-out
|
|
Systematic withdrawals
|
Yes
|
|
Fee equalization
|
Not applicable
|
|
|
|
|
Match rate
|
100% on the first 6% of salary deferrals
|
|
% receiving full match
|
>90%
|
|
Maximum employer contribution
|
6% – 9%
|
|
|
|
|
Financial education:
|
|
|
Saving/Budgeting
|
Yes
|
|
Investing strategies
|
Yes
|
|
College saving
|
Yes
|
|
Credit/Debt management
|
|
|
Tax/Estate planning
|
|
|
Retiree health costs/savings options
|
Yes
|
|
|
|
|
Recordkeeper
|
Bank of America Merrill Lynch
|
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