Chrysler SESP and HEDPP Plans
The Chrysler Salaried Employees' Savings Plan (SESP) and Hourly Employees' Deferred Pay Plan (HEDPP) 401(k) plans have several dozen mutual funds from a multitude of fund companies. These plans offer a wide range of funds to choose from to build a well diversified portfolio for your Chrysler 401k savings.
For your reference, we have provided a fund table displaying style, risk, and past performance for many of the funds in the SESP and HEDPP plans. In addition, please visit our “Fund Commentary” section below for further information on specific funds and/or fund types within the SESP and HEDPP accounts.
To the right you will find articles of interest as well as news and updates to Chrysler employee and retiree benefits. Check this page for future updates to the SESP and HEDPP plans, as well as news that affects Chrysler employees and retirees.
News and Updates
Chrysler 401(k) Plan Overhaul – January 2013
If you have questions about the plan overhaul and how your account should be invested in light of this announcement, contact Mainstay Capital Management toll-free at 1-866-444-6246.
SESP & HEDPP Fund Change Announcement - September 2012
All remaining balances and future contributions will be transferred to the Eagle Small Cap Core Portfolio. The Eagle Small Cap Portfolio is currently an option in the plans.
Chrysler Plan Change - August 2011
The new investment option, Institutional Money Market Portfolio, provides a similar investment objective as the Chrysler Stable Value Fund, however differs in risk and return characteristics.
If you have questions about this change to the plan or any other plan provisions, contact Mainstay Capital Management toll-free at 1-866-444-6246.
SEIDP & ESSP Will No Longer Accept Deferrals
Effective January 2009, the SEIDP and the ESSP plans will no longer accept deferrals. In addition, all distribution elections previously in effect are cancelled and your total account will be distributed to you as a lump sum in January 2009. However, if you do not want to receive the lump sum distribution in January 2009, there are two alternatives.
Elections regarding the distribution of your lump sum must be made by December 31, 2008. If you would like assistance in choosing an option as it relates to your personal financial plan, do not hesitate to call us toll-free at 1-866-444-6246 to speak with a Financial Advisor.
For questions regarding any of the Chrysler Savings Plans, feel free to contact Mainstay Capital Management toll-free at 1-866-444-6246 or send an email to email@example.com.
Chrysler Savings Plan Changes – Effective December 2008
Effective December 12, 2008, DWS Dreman High Return Equity Fund, Fidelity Dividend Growth Fund, and Goldman Sachs Structured Small Cap Collective Trust will be eliminated from the Savings Plans. Assets in these funds and future contribution to these funds will be transferred to the new funds at the close of business on December 12, 2008, accordingly:
As of December 17, 2008 the three new investment options will be available in the Savings Plans and participants will be able to access their transferred investments and make changes to how their account balance is allocated or how their future contributions are to be directed.
Fund Table - December 31, 2012
The Chrysler SESP and HEDPP fund table provides critical data on investment options within the plan.
If you have any questions concerning our website or your Chrysler
401(k) account, please feel free
Home | About Us | Free Information Kit | Contact Us | Careers
Office Locations | Important Disclosures | Privacy Statement
Copyright © 2002-2013 Mainstay Capital Management, LLC. All rights reserved.
10775 South Saginaw St., Grand Blanc, Michigan 48439
Toll Free: 1-866-444-6246