2018 Best in Class 401(k) Plans | Winner
Conning Retirement Savings Plan
| Plan Name | Conning Retirement Savings Plan |
| Location | Hartford, CT |
| Asset Size | >$50 million – $100 million |
| Number of Participants | 100 – 499 |
| Business | Financial Services |
| Participation rate | 95.0% |
| Avg. deferral rate | 11.3% |
| No. of funds offered | 22 |
| Investment Review | Quarterly |
| True-up feature | Yes |
| Match Vesting Period | 3 years |
| Eligibility | Immediate |
| Default deferral rate | 4.0% |
| Default investment | Retail Target-Date Fund (Active Management) |
| Auto-escalation | Opt-Out |
| Systematic withdrawals | No |
| Fee equalization | Not applicable |
| Match Rate | 100% of first 4% of salary |
| % receiving full match | 50% – 75% |
| Max Employer Contribution | 4% or more |
| Financial education: | |
| Saving/budgeting | Yes |
| Investing strategies | Yes |
| College saving | |
| Credit/debt mgt | Yes |
| Tax/estate planning | |
| Retiree health costs/savings options | |
| Recordkeeper | Empower Retirement |
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