CommunityAmerica Credit Union’s Directed Account Plan

Plan nameCommunityAmerica Credit Union’s Directed Account Plan
LocationSt. Louis, Missouri
Asset size$638mm
# of participants1,000–4,999
Business Category Airline–Credit Union
Participation Rate93.2%
Avg Deferral Rate6.5%
# of Funds Offered32
Investment ReviewQuarterly
True-up FeatureNo
Match Vesting Period4 years
EligibilityImmediate
Default Deferral Rate6%
Default InvestmentRetail TDF (Index)
Auto-EscalationYes
Systematic WithdrawalsYes
Fee EqualizationYes
Match Rate100% of first 6% of Salary
% Receiving Full Match79%
Max Employer Contribution8.0%
Financial Education 
   Saving/BudgetingYes
   Investing strategiesYes
   Tax/Estate planning
   College saving
   Credit/Debt mgmt
   Retiree health costs/savings options
Recordkeeper:Empower Retirement
Requalified plan
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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