The Mentholatum Company

Plan nameThe Mentholatum Company
LocationOrchard Park, NY
Asset size ($mm)$33
Participants235
IndustryManufacturing – Consumer Products
Participation rate99%
Average deferral rate11.6%
# of funds offered32
Investment reviewQuarterly
True-up matchYes
Match vesting period2 years
EligibilityImmediately upon hire
Default deferral rate6%
Default investmentTDF (all types)
Automatic escalationOpt-out
Systematic withdrawalsYes
Fee equalizationYes starting 07/2021
  
Match rate51% – 99% of first 6% of salary
% receiving full match>90%
Maximum employer contribution8%
  
Financial education 
Saving/BudgetingYes
Investing strategiesYes
College savingYes
Credit/Debt managementYes
Tax/Estate planningYes
Retiree health costs/savings optionsYes
 
RecordkeeperJohn Hancock
Note: Match rates and employer contributions are simplified for reporting purposes and may have other attributes (e.g., caps/limits, tiers, etc.) not listed here.
E_NOTICE Error in file single-awards.php at line 27: Undefined variable: pid