2020 Best in Class 401(k) Plans | Winner
DENSO International America, Inc.
| Plan name | DENSO International America, Inc. |
| Location | Southfield, Missouri |
| Asset size | $1.7b |
| # of participants | 14,000 |
| Business Category | Tier 1 Auto Supplier |
| Participation Rate | 92.9% |
| Avg Deferral Rate | 8.1% |
| # of Funds Offered | 21 |
| Investment Review | Quarterly |
| True-up Feature | Yes |
| Match Vesting Period | 4 years |
| Eligibility | Immediate |
| Default Deferral Rate | 4% |
| Default Investment | Custom TDF |
| Auto-Escalation | Yes |
| Systematic Withdrawals | Yes |
| Fee Equalization | Yes |
| Match Rate | 100% of the first 4% of salary |
| % Receiving Full Match | >90% |
| Max Employer Contribution | 7% |
| Financial Education | |
| Saving/Budgeting | Yes |
| Investing strategies | |
| Tax/Estate planning | |
| College saving | Yes |
| Credit/Debt mgmt | Yes |
| Retiree health costs/savings options | Yes |
| Recordkeeper: | Empower Investments |
Get the latest news daily