Marvell

Plan name	Marvell Semiconductor 401(k) Retirement Plan
Location	Santa Clara, California
Asset size	$620.5MM
Participants	4,525
Industry	Technology and Semiconductors
Participation rate	92%
Average deferral rate	11.4%
# of funds offered	14
Investment review	Quarterly
True-up match	Yes
Match vesting period	Immediately upon enrollment
Eligibility	Immediately upon hire
Default deferral rate	6%
Default investment	Custom Target-date Fund
Automatic escalation	Opt-out
Systematic withdrawals	Yes
Fee equalization	Not applicable

Match rate	100% on the first 4% of salary deferrals, then 50% on the next 2% (maximum of $1,000 per quarter)
% receiving full match	>90%
Maximum employer contribution	5% (up to $4,000 per year)

Financial education:
Saving/Budgeting	Yes
Investing strategies	Yes
College saving	Yes
Credit/Debt management	Yes
Tax/Estate planning	Yes
Retiree health costs/savings options	Yes

Recordkeeper	Charles Schwab

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