United Technologies Corporation

LocationFarmington, CT
Asset Size$21.1B
Number of Participants10,000 or More Participants 
BusinessManufacturing (Industrial Products)
Participation rate96%
Avg. deferral rate9.1%
No. of funds offered12
Investment ReviewQuarterly
True-up featureNo
Match Vesting Period2 years
EligibilityImmediate
Default deferral rate6%
Default investmentHybrid TDF/Income
Auto-escalationOpt-out
Systematic withdrawalsYes
Fee equalizationNo
Match Rate60% of first 6% of salary
% receiving full match>75%
Max Employer Contribution9.0%
  
Financial education: 
Saving/budgetingX
Investing strategiesX
College savingX
Credit/debt mgtX
Tax/estate planning 
Retiree health costs/savings optionsX
  
RecordkeeperAon Hewitt
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