American Society of Association Executives

Plan name	American Society of Association Executives 401(k) Plan
Location	Washington, D.C.
Asset size	$33.1MM
Participants	100 – 499
Industry	Nonprofit Organization
Participation rate	94%
Average deferral rate	9.3%
# of funds offered	18
Investment review	Annually
True-up match	No
Match vesting period	Immediately upon enrollment
Eligibility	First day of the quarter after 6 months
Default deferral rate	6%
Default investment	Institutional Target-date Fund (Active or Indexed)
Automatic escalation	Opt-in
Systematic withdrawals	Yes
Fee equalization	Yes

Match rate	100% on the first 4% of salary deferrals, then 50% on the next 2%.
% receiving full match	>75%
Maximum employer contribution	12%

Financial education:
Saving/Budgeting	Yes
Investing strategies	Yes
College saving	Yes
Credit/Debt management	Yes
Tax/Estate planning	Yes
Retiree health costs/savings options	Yes

Recordkeeper	Empower Retirement

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