BAE Systems

LocationArlington, VA
Asset Size>$1B
Number of Participants10,000 or More Participants
BusinessAerospace & Defense
Participation rate84%
Avg. deferral rate9.4%
No. of funds offered16
Investment ReviewQuarterly
True-up featureNo
Match Vesting PeriodImmediate
EligibilityImmediate
Default deferral rate3%
Default investmentRetail TDF (Index)
Auto-escalationOpt-in
Systematic withdrawalsYes
Fee equalizationYes
Match Rate100% of first 6% of salary
% receiving full match71%
Max Employer Contribution6.0%
  
Financial education: 
Saving/budgetingx
Investing strategies 
College saving 
Credit/debt mgt 
Tax/estate planning 
Retiree health costs/savings optionsx
  
RecordkeeperAon Hewitt
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