Mecklenburg Radiology Associates, PA

Plan Name Mecklenburg Radiology Associates, PA
Location Charlotte, NC
Asset Size $54.2MM
Number of Participants 100 – 499
Business Health Care
Participation rate 95.0%
Avg. deferral rate 7.0%
No. of funds offered 23
Investment Review Quarterly
True-up feature Yes
Match Vesting Period Immediate
Eligibility Within 3 months
Default deferral rate 5.0%
Default investment Retail Target-Date Fund (Indexed)
Auto-escalation Opt-Out
Systematic withdrawals No
Fee equalization Yes
Match Rate 51%-99% of first 6% of salary
% receiving full match 50% – 75%
Max Employer Contribution >10%
   
Financial education:  
Saving/budgeting Yes
Investing strategies Yes
College saving Yes
Credit/debt mgt Yes
Tax/estate planning Yes
Retiree health costs/savings options Yes
   
Recordkeeper Charles Schwab
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