Citigroup, Inc.
Location | New York, NY |
Asset Size | $11.7B |
Number of Participants | 10,000 or More Participants |
Business | Financial Services |
Participation rate | 90% |
Avg. deferral rate | 8.4% |
No. of funds offered | 22 |
Investment Review | Quarterly |
True-up feature | No |
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 | 100% of first 6% of salary |
% receiving full match | 50% – 75% |
Max Employer Contribution | 8.0% |
Financial education: | |
Saving/budgeting | x |
Investing strategies | x |
College saving | x |
Credit/debt mgt | x |
Tax/estate planning | x |
Retiree health costs/savings options | x |
Recordkeeper | Aon Hewitt |