Musco Corporation
Location | Oskaloosa, IA |
Asset Size | >$100MM – $200MM |
Number of Participants | 500 – 999 Participants |
Business | Manufacturing (Industrial Products) |
Participation rate | 96% |
Avg. deferral rate | 7.4% |
No. of funds offered | 15 |
Investment Review | Quarterly |
True-up feature | Yes |
Match Vesting Period | Immediate |
Eligibility | Immediate |
Default deferral rate | 4% |
Default investment | Other* |
Auto-escalation | Opt-in |
Systematic withdrawals | Yes |
Fee equalization | No |
Match Rate | 100% of first 4% of salary |
% receiving full match | >90% |
Max Employer Contribution | 9.0% |
Financial education: | |
Saving/budgeting | |
Investing strategies | |
College saving | |
Credit/debt mgt | |
Tax/estate planning | |
Retiree health costs/savings options | |
Recordkeeper | Prudential Retirement |