Association of International Certified Professional Accountants

Plan name	The Association of International Certified Professional Accountants 401(k) Retirement Plan
Location	Durham, North Carolina
Asset size	$160.8MM
Participants	812
Industry	Industry Association
Participation rate	98%
Average deferral rate	9.3%
# of funds offered	15
Investment review	Quarterly
True-up match	Yes
Match vesting period	Immediately upon enrollment
Eligibility	Immediately upon hire
Default deferral rate	6%
Default investment	Retail Target-date Fund (Active Management)
Automatic escalation	Opt-out
Systematic withdrawals	Yes
Fee equalization	Yes

Match rate	100% on the first 2% of salary deferrals, then 50% on the next 4%
% receiving full match	50% – 75%
Maximum employer contribution	6.75%

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

Recordkeeper	Charles Schwab

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