2017 Best in Class 401(k) Plans | Winner
BAE Systems
| Location | Arlington, VA |
| Asset Size | >$1B |
| Number of Participants | 10,000 or More Participants |
| Business | Aerospace & Defense |
| Participation rate | 84% |
| Avg. deferral rate | 9.4% |
| No. of funds offered | 16 |
| Investment Review | Quarterly |
| True-up feature | No |
| Match Vesting Period | Immediate |
| Eligibility | Immediate |
| Default deferral rate | 3% |
| Default investment | Retail TDF (Index) |
| Auto-escalation | Opt-in |
| Systematic withdrawals | Yes |
| Fee equalization | Yes |
| Match Rate | 100% of first 6% of salary |
| % receiving full match | 71% |
| Max Employer Contribution | 6.0% |
| Â | Â |
| Financial education: | Â |
| Saving/budgeting | x |
| Investing strategies | Â |
| College saving | Â |
| Credit/debt mgt | Â |
| Tax/estate planning | Â |
| Retiree health costs/savings options | x |
| Â | Â |
| Recordkeeper | Aon Hewitt |
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