FAC Services LLC

Plan name
Retirement Savings Plan of Flad Affiliated Corp.
Location Madison, Wisconsin
Asset size $201.0MM
Participants 1,000 – 4,999
Industry Architecture and Engineering
Participation rate 98%
Average deferral rate 9.9%
# of funds offered 17
Investment review Quarterly
True-up match Yes
Match vesting period Immediately upon enrollment
Eligibility Within 3 months of employment
Default deferral rate 6%
Default investment Retail Target-date Fund (Indexed)
Automatic escalation Opt-out
Systematic withdrawals Yes
Fee equalization No
Match rate 50% on the first 6% of salary deferrals
% receiving full match >75%
Maximum employer contribution 3%
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 OneAmerica
Note: Match rates and employer contributions are simplified for reporting purposes and may have other attributes (e.g., caps/limits, tiers, etc.) not listed here.
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