Flexera Software LLC

LocationItasca, IL
Asset Size$43.9 million 
Number of Participants500 – 999 participants
Business Technology
Participation rate95%
Avg. deferral rate10.3%
No. of funds offered24
Investment ReviewQuarterly
True-up MatchYes
MatchVesting Period3 years
EligibilityImmediately
Default deferral rate6%
Default investmentRetail TDF (Index)
Auto escalationOpt-out
Ret. Income offeringNone
Fee equalizationUnsure/Don’t know
Match Rate20% of deferrals; max 12% of pay
% receiving full match>90%
Max Employer Contribution12%
  
Financial education: 
Saving/budgetingx
Investing strategiesx
College saving 
Credit/debt mgt 
Tax/estate planning 
Retiree health costs/savings options 
  
RecordkeeperADP Retirement Services
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