Amendment to MDU Resources Group, Inc. 401(k) Retirement Plan Regarding USI Industrial Services, Inc. Mechanics Group

Summary

This amendment to the MDU Resources Group, Inc. 401(k) Retirement Plan, effective August 18, 2014, specifies that employees in the USI Industrial Services, Inc. Mechanics group will not receive matching contributions on their savings contributions. The amendment was executed by the Employee Benefits Committee of MDU Resources Group, Inc. on March 10, 2016. The change only affects the matching contribution policy for this specific group of employees.

EX-10.D 5 a2016q1ex10d.htm MDU RESOURCES 401 K RETIREMENT PLAN AMENDMENT 3-10-2016 Wdesk | Exhibit

INSTRUMENT OF AMENDMENT TO THE

MDU RESOURCES GROUP, INC.

401(k) RETIREMENT PLAN

The MDU Resources Group, Inc. 401(k) Retirement Plan (as amended and restated March 1, 2011) (the “K-Plan”), is hereby further amended, effective August 18, 2014 as follows:

By adding the following entry to Schedule A of the K-Plan for USI Industrial Services, Inc.:

USI Industrial Services, Inc. (“USII”) shall not make a matching contribution of each USII Mechanics group employee’s participating savings contribution.

Effective August 18, 2014.

Explanation: This amendment updates Schedule A to reflect that there are no matching contributions for employees of the USII Mechanics group.

IN WITNESS WHEREOF, MDU Resources Group, Inc., as Sponsoring Employer of the Plan, has caused this amendment to be duly executed by a member of the MDU Resources Group, Inc. Employee Benefits Committee (“Committee”) on this 10th day of March, 2016.



	MDU RESOURCES GROUP, INC.
	EMPLOYEE BENEFITS COMMITTEE



	/s/ Doran N. Schwartz
By:	Doran N. Schwartz, Chairman