2019 Best in Class 401(k) Plans | Winner
Heidelberg USA, Inc.
| Plan name | The Heidelberg Retirement Savings Plan |
| Location | Kennesaw, Georgia |
| Asset size | >$200MM – $500MM |
| Participants | 500 – 999 |
| Industry | Printing |
| Participation rate | >97% |
| Average deferral rate | 9.8% |
| # of funds offered | 20 |
| Investment review | Quarterly |
| True-up match | Yes |
| Match vesting period | Immediately upon enrollment |
| Eligibility | Immediately upon hire |
| Default deferral rate | 3% |
| Default investment | Retail Target-date Fund (Indexed) |
| Automatic escalation | Opt-out |
| Systematic withdrawals | No |
| Fee equalization | Yes |
| Match rate | 50% on the first 6% of salary deferrals |
| % receiving full match | >90% |
| Maximum employer contribution | 3% |
| Financial education: | |
| Saving/Budgeting | |
| Investing strategies | Yes |
| College saving | |
| Credit/Debt management | |
| Tax/Estate planning | Yes |
| Retiree health costs/savings options | |
| Recordkeeper | Empower Retirement |
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