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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