2018 Best in Class 401(k) Plans | Winner
The Boeing Company Voluntary Investment Plan
| Plan Name | The Boeing Company Voluntary Investment Plan |
| Location | Chicago, IL |
| Asset Size | $59.6B |
| Number of Participants | More than 10,000 |
| Business | Aerospace & Defense |
| Participation rate | 94.2% |
| Avg. deferral rate | 11.6% |
| No. of funds offered | 14 |
| Investment Review | Quarterly |
| True-up feature | No |
| Match Vesting Period | Immediate |
| Eligibility | Immediate |
| Default deferral rate | 4.0% |
| Default investment | Custom Target-Date Fund |
| Auto-escalation | Opt-Out |
| Systematic withdrawals | Yes |
| Fee equalization | Not applicable |
| Match Rate | 75% of employee conribution, up to 8% of salary |
| % receiving full match | 75% or more |
| Max Employer Contribution | 11.0% |
| Financial education: | |
| Saving/budgeting | Yes |
| Investing strategies | Yes |
| College saving | |
| Credit/debt mgt | Yes |
| Tax/estate planning | |
| Retiree health costs/savings options | Yes |
| Recordkeeper | Conduent LLCÂ |
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