2016 Best in Class 401(k) Plans | Winner
VCE Company, LLC
Location | Marlborough, MA |
Asset Size | >$80 million |
Number of Participants | 1,000 – 4,999 participants |
Business | Technology |
Participation rate | 96% |
Avg. deferral rate | 8.5% |
No. of funds offered | 16 |
Investment Review | Quarterly |
True-up Match | Yes |
Match Vesting Period | Immediately |
Eligibility | Immediately |
Default deferral rate | 6% |
Default investment | Retail TDF (Index) |
Auto escalation | Opt-in |
Ret. Income offering | None |
Fee equalization | No |
Match Rate | 100% of first 6% of salary |
% receiving full match | >25%-50% |
Max Employer Contribution | 6% |
Financial education: | |
Saving/budgeting | x |
Investing strategies | x |
College saving | x |
Credit/debt mgt | |
Tax/estate planning | x |
Retiree health costs/savings options | |
Recordkeeper | Fidelity Investments |