Mitsui & Co. (U.S.A.), Inc., 401(k) Retirement Plan
| Plan name | Mitsui & Co. (U.S.A.), Inc., 401(k) Retirement Plan |
| Location | New York, NY |
| Asset size ($MM) | >$100 million – $200 million |
| Participants | 1,000 – 4,999 |
| Industry | Technology/Computers/Software, Other: |
| Participation rate | 96% |
| Average deferral rate | 10% |
| # of funds offered | 14 |
| Investment review | Annually |
| 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 | More than 1% |
| Systematic withdrawals | Yes – plan to add by 06/30/2024 |
| Fee equalization | Yes – a policy is in place |
| Match Rate | NR |
| % receiving full match | Vast majority (75% or more) |
| Maximum employer contribution | 3% |
| 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 | Vanguard |
| Footnotes | |
| NR | Not Reported |
| Yes | yes |
| No | no |
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