SEMCO Energy, Inc.
| Plan name | SEMCO Energy, Inc. |
| Location | Port Huron, Mich. |
| Asset size ($MM) | $227 million |
| Participants | 650 |
| Industry | Energy |
| Participation rate | 96% |
| Average deferral rate | 10% |
| # of funds offered | 17 |
| Investment review | Yes |
| True-up match | Yes |
| Match vesting period | Immediately upon enrollment |
| Eligibility | Immediately upon hire |
| Default deferral rate | 5% |
| Default investment | Target-date Fund (all types) |
| Automatic escalation | Yes - but participation is voluntary and participants must opt in to auto escalation |
| Systematic withdrawals | Not Reported |
| Fee equalization | Yes – a policy is in place |
| Match Rate | 51%-99% of first 6% of salary |
| % receiving full match | Not Reported |
| Maximum employer contribution | Not Reported |
| 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 | T. Rowe Price |
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