United Technologies Corporation
Location | Farmington, CT |
Asset Size | $21.1B |
Number of Participants | 10,000 or More Participants |
Business | Manufacturing (Industrial Products) |
Participation rate | 96% |
Avg. deferral rate | 9.1% |
No. of funds offered | 12 |
Investment Review | Quarterly |
True-up feature | No |
Match Vesting Period | 2 years |
Eligibility | Immediate |
Default deferral rate | 6% |
Default investment | Hybrid TDF/Income |
Auto-escalation | Opt-out |
Systematic withdrawals | Yes |
Fee equalization | No |
Match Rate | 60% of first 6% of salary |
% receiving full match | >75% |
Max Employer Contribution | 9.0% |
Financial education: | |
Saving/budgeting | X |
Investing strategies | X |
College saving | X |
Credit/debt mgt | X |
Tax/estate planning | |
Retiree health costs/savings options | X |
Recordkeeper | Aon Hewitt |