2020 Best in Class 401(k) Plans | Winner
Lhoist North America
| Plan name | Lhoist North America |
| Location | Fort Worth, Texas |
| Asset size | $215mm |
| # of participants | 1,000–4,999 |
| Business Category | Mining |
| Participation Rate | 86.0% |
| Avg Deferral Rate | 8.2% |
| # of Funds Offered | 22 |
| Investment Review | Quarterly |
| True-up Feature | Yes |
| Match Vesting Period | Immediate |
| Eligibility | Immediate |
| Default Deferral Rate | 5% |
| Default Investment | TDF (all types) |
| Auto-Escalation | Opt-out |
| Systematic Withdrawals | Yes |
| Fee Equalization | No |
| Match Rate | 100% on first 3%, 50% on next 2% of salary |
| % Receiving Full Match | >90% |
| Max Employer Contribution | 8%–14% |
| Financial Education | |
| Saving/Budgeting | Yes |
| Investing strategies | |
| Tax/Estate planning | |
| College saving | |
| Credit/Debt mgmt | Yes |
| Retiree health costs/savings options | |
| Recordkeeper: | T. Rowe Price |
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