Retirement Planning

No matter where you are in your career or what age you are, you should take advantage of the savings opportunities in the company’s 401(k) plan.

Retirement Planning

Plan Details

Feature

	Detail
Plan Name	Lhoist North America 401(k) Plan
Provider	T. Rowe Price
Website	rps.troweprice.com
Eligibility Wait	On your day of hire
Employer Match	Lhoist North America offers a safe harbor match. We will match 100% of the first 3% you contribute to the Plan and 50% of the next 2% (a total of 4%).
Vesting	You are 100% vested in the company match as soon as you contribute. You will be 100% vested in the 401(k) Supplemental Contributions after three years of service.
Automatic Enrollment	You will be automatically enrolled into the 401(k) Plan within 30 days from your date of hire. The default contribution rate will be 5% Pre-Tax and the investment will be placed in an age-based T. Rowe Price Retirement Trust based on the year you’ll turn age 65. During the 30-day window, you can change your contribution rate, contribution type, investment election, or choose to OPT OUT of the plan completely before your first contribution is deducted from your paycheck.
Elective Deferral Limit	$24,500*
Catch-Up (50+)	$8,000*
Catch-Up (60-63)	$11,250*
401(k) Supplemental Contribution	In addition to the company’s 401(k) match for your contributions into the plan, Lhoist also provides a quarterly 401(k) Supplemental Contribution into your account. You ARE NOT required to participate in the 401(k) Plan in order to receive the Supplemental Contribution.
Rollovers	If you have an existing qualified retirement plan (pre-tax) with a previous employer, you may transfer that account into the plan any time. Contact T. Rowe Price at 800-922-9945 for details.
Investments	It’s up to you how to invest the assets. The Lhoist North America 401(k) plan offers a selection of investment options for you to choose from. You may change your investment choices any time. For more details, visit rps.troweprice.com.
Changing or Stopping Contributions	You may change the amount of your contributions any time. Changes are effective as soon as administratively feasible and remain in effect until you modify them. You may also discontinue your contributions and start them again at any time.
Beneficiary	Please add your beneficiary information to ensure your 401(k) savings are distributed according to your wishes.

Plan Name

Detail: Lhoist North America 401(k) Plan

Provider

Detail: T. Rowe Price

Website

Detail: rps.troweprice.com

Eligibility Wait

Detail: On your day of hire

Employer Match

Detail: Lhoist North America offers a safe harbor match. We will match 100% of the first 3% you contribute to the Plan and 50% of the next 2% (a total of 4%).

Vesting

Detail: You are 100% vested in the company match as soon as you contribute. You will be 100% vested in the 401(k) Supplemental Contributions after three years of service.

Automatic Enrollment

Detail: You will be automatically enrolled into the 401(k) Plan within 30 days from your date of hire. The default contribution rate will be 5% Pre-Tax and the investment will be placed in an age-based T. Rowe Price Retirement Trust based on the year you’ll turn age 65. During the 30-day window, you can change your contribution rate, contribution type, investment election, or choose to OPT OUT of the plan completely before your first contribution is deducted from your paycheck.

Elective Deferral Limit

Detail: $24,500*

Catch-Up (50+)

Detail: $8,000*

Catch-Up (60-63)

Detail: $11,250*

401(k) Supplemental Contribution

Detail: In addition to the company’s 401(k) match for your contributions into the plan, Lhoist also provides a quarterly 401(k) Supplemental Contribution into your account. You ARE NOT required to participate in the 401(k) Plan in order to receive the Supplemental Contribution.

Rollovers

Detail: If you have an existing qualified retirement plan (pre-tax) with a previous employer, you may transfer that account into the plan any time. Contact T. Rowe Price at 800-922-9945 for details.

Investments

Detail: It’s up to you how to invest the assets. The Lhoist North America 401(k) plan offers a selection of investment options for you to choose from. You may change your investment choices any time. For more details, visit rps.troweprice.com.

Changing or Stopping Contributions

Detail: You may change the amount of your contributions any time. Changes are effective as soon as administratively feasible and remain in effect until you modify them. You may also discontinue your contributions and start them again at any time.

Beneficiary

Detail: Please add your beneficiary information to ensure your 401(k) savings are distributed according to your wishes.

*IRS has not yet announced 2027 contribution limits. Limits shown reflect current IRS limits and are subject to change.

Vesting Schedule

Years of Service	Percent Vested
3 years of service	100%

3 years of service

Percent Vested: 100%