Tennessee Valley Authority

LocationKnoxville, TN
Asset Size$2 billion 
Number of Participants15,500
Business Utilities
Participation rate97%
Avg. deferral rate11.6%
No. of funds offered14
Investment ReviewQuarterly
True-up MatchYes
Match Vesting Period3 years
EligibilityImmediately
Default deferral rate6%
Default investmentCustom TDF (Index)
Auto escalationOpt-in
Ret. Income offeringOut-of-Plan
Fee equalizationYes
Match Rate75% of first 6% of salary
% receiving full match>85%
Max Employer Contribution9%
  
Financial education: 
Saving/budgeting  
Investing strategiesx
College saving  
Credit/debt mgt  
Tax/estate planning  
Retiree health costs/savings options  
  
RecordkeeperFidelity Investments
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