DENSO Retirement Savings Plan Enrollment Guide

This guide outlines the DENSO Retirement Savings Plan, detailing the enrollment process and contribution options available to participants. It specifies that employees can contribute 4% of their before-tax pay to a 401(k) account, with an annual increase of 1% until reaching a maximum of 15%. Participants have the option to customize their contributions between before-tax and Roth 401(k) accounts. The document explains the limits set by the IRS for contributions and the possibility of catch-up contributions for those aged 50 and older. It also discusses employer contributions, including a 100% match on the first 4% contributed. The guide provides information on eligibility for enrollment, beneficiary designation, and the vesting schedule for company contributions. Additionally, it covers options for loans and withdrawals from the plan, including conditions for hardship withdrawals. The guide emphasizes the importance of understanding the features and fees associated with the retirement plan.