2016 Best in Class 401(k) Plans | Winner
Rockwell Collins
Location | Cedar Rapids, IA |
Asset Size | $3.1 billion |
Number of Participants | 10,000 or more participants |
Business | Aerospace/Defense |
Participation rate | 91% |
Avg. deferral rate | 8.5% |
No. of funds offered | 17 |
Investment Review | Quarterly |
True-up Match | No |
Match Vesting Period | 3 years |
Eligibility | Immediately |
Default deferral rate | 6% |
Default investment | Institutional TDF |
Auto escalation | Opt-out |
Ret. Income offering | None |
Fee equalization | Considering |
Match Rate | 62.5% of first 8% of salary |
% receiving full match | >50%-75% |
Max Employer Contribution | 11% |
Financial education: | |
Saving/budgeting | x |
Investing strategies | x |
College saving | |
Credit/debt mgt | |
Tax/estate planning | x |
Retiree health costs/savings options | x |
Recordkeeper | Fidelity Investments |