2017 Best in Class 401(k) Plans | Winner
Sandia National Laboratories
| Location | Albuquerque, NM |
| Asset Size | >$1B |
| Number of Participants | 10,000 or More Participants |
| Business | Aerospace & Defense/Engineering |
| Participation rate | 90% |
| Avg. deferral rate | 8.4% |
| No. of funds offered | 15 |
| Investment Review | Quarterly |
| True-up feature | No |
| Match Vesting Period | Immediate |
| Eligibility | Immediate |
| Default deferral rate | NA* |
| Default investment | Institutional TDF |
| Auto-escalation | Opt-in |
| Systematic withdrawals | Yes |
| Fee equalization | NA** |
| Match Rate | 67% of first 6% of salary |
| % receiving full match | >75% |
| Max Employer Contribution | 10.0% |
| Financial education: | |
| Saving/budgeting | x |
| Investing strategies | x |
| College saving | |
| Credit/debt mgt | x |
| Tax/estate planning | x |
| Retiree health costs/savings options | |
| Recordkeeper | Fidelity Investments |
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