2016 Best in Class 401(k) Plans | Winner
PDC Energy, Inc
Location | Denver, CO |
Asset Size | $50 million – $100 million |
Number of Participants | 100-499 |
Business | Oil & Gas/Energy |
Participation rate | 82% |
Avg. deferral rate | 9.0% |
No. of funds offered | 15 |
Investment Review | Annually |
True-up Match | Yes |
Match Vesting Period | 3 years |
Eligibility | 30 days |
Default deferral rate | 4% |
Default investment | Retail TDF (Active) |
Auto escalation | Opt-in |
Ret. Income offering | None |
Fee equalization | No |
Match Rate | 100% of 10% of salary |
% receiving full match | >75% |
Max Employer Contribution | More than 10% |
Financial education: | |
Saving/budgeting | x |
Investing strategies | x |
College saving | x |
Credit/debt mgt | x |
Tax/estate planning | x |
Retiree health costs/savings options | |
Recordkeeper | Fidelity Investments |