2017 Best in Class 401(k) Plans | Winner
Ameren
| Location | St. Louis, MO |
| Asset Size | >$1B |
| Number of Participants | 10,000 or More Participants |
| Business | Utilities |
| Participation rate | 91% |
| Avg. deferral rate | 10.8% |
| No. of funds offered | 12 |
| Investment Review | Quarterly |
| True-up feature | Yes |
| Match Vesting Period | Immediate |
| Eligibility | Immediate |
| Default deferral rate | 6% |
| Default investment | Institutional TDF |
| Auto-escalation | Opt-out |
| Systematic withdrawals | Yes |
| Fee equalization | Yes |
| Match Rate | 75% of first 6% of salary |
| % receiving full match | 86% – 92% |
| Max Employer Contribution | 4.5% |
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| Financial education: | Â |
| Saving/budgeting | x |
| Investing strategies | x |
| College saving | Â Â |
| Credit/debt mgt | Â Â |
| Tax/estate planning | Â Â |
| Retiree health costs/savings options | Â Â |
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| Recordkeeper | Fidelity Investments |
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