BEST IN CLASS 401(k) PLANS


The Brunswick Rewards Plan

Plan Name The Brunswick Rewards Plan
Location Mettawa, IL
Asset Size $1.34B
Number of Participants 8,100
Business Manufacturing – Recreation Products
Participation rate 96.0%
Avg. deferral rate 7.7%
No. of funds offered 13
Investment Review Quarterly
True-up feature Yes
Match Vesting Period 2 years
Eligibility Immediate
Default deferral rate 3.0%
Default investment Retail Target-Date Fund (Indexed)
Auto-escalation Opt-Out
Systematic withdrawals Yes
Fee equalization Yes
Match Rate 100% of first 3% of salary; 50% of next 2%
% receiving full match 50% – 75%
Max Employer Contribution 10.0%
   
Financial education:  
Saving/budgeting  
Investing strategies Yes
College saving  
Credit/debt mgt  
Tax/estate planning  
Retiree health costs/savings options  
   
Recordkeeper Vanguard