2016 Best in Class 401(k) Plans | Winner
E I du Pont de Nemours and Company
Location | Wilmington, DE |
Asset Size | $10 billion |
Number of Participants | 10,000 or more participants |
Business | Agriculture/Chemicals |
Participation rate | 93% |
Avg. deferral rate | 9.5% |
No. of funds offered | 15 |
Investment Review | Quarterly |
True-up Match | Yes |
MatchVesting Period | Immediately |
Eligibility | Immediately |
Default deferral rate | 6% |
Default investment | Managed Account |
Auto escalation | Opt-out |
Ret. Income offering | None |
Fee equalization | Not Applicable |
Match Rate | 100% of first 6% of salary |
% receiving full match | >75% |
Max Employer Contribution | 9% |
Financial education: | |
Saving/budgeting | x |
Investing strategies | |
College saving | |
Credit/debt mgt | |
Tax/estate planning | |
Retiree health costs/savings options | |
Recordkeeper | Bank of America Merrill Lynch |