2018 Best in Class 401(k) Plans | Winner
Swiss Re Group US Employees' Savings Plan
| Plan Name | Swiss Re Group US Employees’ Savings Plan |
| Location | Armonk, NY |
| Asset Size | $1.08B |
| Number of Participants | 1,000 – 4,999 |
| Business | Insurance / Reinsurance |
| Participation rate | 95.0% |
| Avg. deferral rate | 9.6% |
| No. of funds offered | 12 |
| Investment Review | Quarterly |
| True-up feature | Yes |
| Match Vesting Period | 3 years |
| Eligibility | Immediate |
| Default deferral rate | 6.0% |
| Default investment | Retail Target-Date Fund (Active Management) |
| Auto-escalation | Opt-in |
| Systematic withdrawals | Yes |
| Fee equalization | Planned in 2018 |
| Match Rate | 100% of first 6% of salary |
| % receiving full match | 90% or more |
| Max Employer Contribution | 12.0% |
| Financial education: | |
| Saving/budgeting | Yes |
| Investing strategies | Yes |
| College saving | Yes |
| Credit/debt mgt | Yes |
| Tax/estate planning | Yes |
| Retiree health costs/savings options | |
| Recordkeeper | Empower Retirement |
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