2019 Best in Class 401(k) Plans | Winner
PotlatchDeltic
| Plan name | PotlatchDeltic Salaried 401(k) Plan |
| Location | Spokane, Washington |
| Asset size | $99.9MM |
| Participants | 718 |
| Industry | Forest Products Manufacturing & Real Estate |
| Participation rate | >94% |
| Average deferral rate | 9.5% |
| # of funds offered | 18 |
| Investment review | Quarterly |
| True-up match | Yes |
| Match vesting period | 2 years (cliff) |
| Eligibility | Immediately upon hire |
| Default deferral rate | 6% |
| Default investment | Institutional Target-date Fund (Active or Indexed) |
| Automatic escalation | Opt-out |
| Systematic withdrawals | Yes |
| Fee equalization | Not applicable |
| Match rate | 70% on the first 6% of salary deferrals |
| % receiving full match | >75% |
| Maximum employer contribution | 8% |
| Financial education: | |
| Saving/Budgeting | Yes |
| Investing strategies | Yes |
| College saving | |
| Credit/Debt management | |
| Tax/Estate planning | |
| Retiree health costs/savings options | Yes |
| Recordkeeper | Empower Retirement |
Get the latest news daily