Ingevity Corporation

Plan name Ingevity Corporation
LocationNorth Charleston, South Carolina
Asset size ($MM)$200 million - $500 million
Participants1,000 - 4,999
IndustryChemicals/Mining, Manufacturing - Industrial Products
Participation rate95%
Average deferral rate9%
# of funds offered17
Investment reviewQuarterly
True-up matchNo
Match vesting periodImmediately upon enrollment
EligibilityImmediately upon hire
Default deferral rate6%
Default investmentTarget-date Fund (all types)
Automatic escalationExactly 1%
Systematic withdrawalsUnsure /Don't Know
Fee equalization
Match Rate100% of first 6% of salary
% receiving full matchAll or nearly all participants (90% or more)
Maximum employer contribution6%
Financial Education
Saving/Budgeting
Yes
Investing strategies
No
College saving
No
Credit/Debt management
Yes
Tax/Estate planning
No
Retiree health costs/savings options​
Yes
RecordkeeperEmpower Retirement
E_WARNING Error in file »ClassLoader.php« at line 576: include(): Failed opening '/var/www/html/www.plansponsor.com/public_html/wp-content/plugins/wordpress-seo/vendor/composer/../../src/schema-aggregator/user-interface/cache/woocommerce-product-type-change-listener-integration.php' for inclusion (include_path='.:/usr/share/php')