FairPoint Communications, Inc.

Location Charlotte, North Carolina
Asset Size $479 million
Number of Participants 2,650
Business Telecommunications
Participation Rate88%
Avg Deferral Rate8.30%
Number of Funds21
Investment ReviewQuarterly
Fee ReviewAnnually
Fee EqualizationYes
Auto-Enrollment Rate5%
Auto-Escalation Rate 1%
Re-EnrollmentNo
Default InvestmentTarget-date (index)
Ret Income OfferingNone
Vesting Period5 years
Match Rate 100% of first 5% of salary
% Receiving Full Match>75%
True-Up MatchNo
  
Financial Education 
Saving/budgetingx
Investing strategiesx
College savingx
Credit/debt mgmtx
Tax/estate planningx
Retiree health costs/savings options 
  
ProviderTransamerica Retirement Solutions
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