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 |