BlueCross BlueShield of Tennessee
Plan name | BlueCross BlueShield of Tennessee |
Location | Chattanooga, Tennessee |
Asset size | 750mm |
# of participants | 7,800 |
Business Category | Health Insurance/Reinsurance, Financial services |
Participation Rate | 94.0% |
Avg Deferral Rate | 6.3% |
# of Funds Offered | 16 |
Investment Review | Quarterly |
True-up Feature | Yes |
Match Vesting Period | Immediate |
Eligibility | Immediate |
Default Deferral Rate | 5% |
Default Investment | TDF (all types) |
Auto-Escalation | Opt-in |
Systematic Withdrawals | No |
Fee Equalization | Yes |
Match Rate | 100% of the first 4% of salary |
% Receiving Full Match | >75% |
Max Employer Contribution | 7.50% |
Financial Education | |
Saving/Budgeting | Yes |
Investing strategies | Yes |
Tax/Estate planning | Yes |
College saving | Yes |
Credit/Debt mgmt | Yes |
Retiree health costs/savings options | Yes |
Recordkeeper: | Fidelity Investments |