2019 Best in Class 401(k) Plans | Winner
Republic National Distributing Company
| Plan name | Republic National 401(k) Plan |
| Location | Atlanta, Georgia |
| Asset size | $652.9MM |
| Participants | 9,996 |
| Industry | Beverage Distribution |
| Participation rate | 95% |
| Average deferral rate | 9.5% |
| # of funds offered | 19 |
| Investment review | Quarterly |
| True-up match | Yes |
| Match vesting period | 3 years (cliff) |
| Eligibility | Within 3 months of employment |
| Default deferral rate | 9% automatic enrollment |
| Default investment | Retail Target-date Fund (Active Management) |
| Automatic escalation | Opt-in |
| Systematic withdrawals | Yes |
| Fee equalization | Yes |
| Match rate | 50% on the first 8% of salary deferrals |
| % receiving full match | >80% |
| Maximum employer contribution | 4% |
| Financial education: | |
| Saving/Budgeting | Yes |
| Investing strategies | Yes |
| College saving | |
| Credit/Debt management | Yes |
| Tax/Estate planning | |
| Retiree health costs/savings options | |
| Recordkeeper | Empower Retirement |
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