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% |
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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 |
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Recordkeeper | Aon Hewitt |