Tesoro Corporation

LocationSan Antonio, TX
Asset Size$1.2B
Number of Participants5,000 – 9,999 Participants
BusinessOil & Gas/Energy
Participation rate92%
Avg. deferral rate10.0%
No. of funds offered18
Investment ReviewQuarterly
True-up featureNo
Match Vesting Period1 year
EligibilityImmediate
Default deferral rateNA*
Default investmentRetail TDF (Index)
Auto-escalationOpt-in
Systematic withdrawalsYes
Fee equalizationNo
Match Rate100% of first 6% of salary
% receiving full match>90%
Max Employer Contribution10.0%
  
Financial education: 
Saving/budgetingx
Investing strategiesx
College savingx
Credit/debt mgtx
Tax/estate planningx
Retiree health costs/savings optionsx
  
RecordkeeperFidelity Investments
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