CommunityAmerica Credit Union’s Directed Account Plan
Plan name | CommunityAmerica Credit Union’s Directed Account Plan |
Location | St. Louis, Missouri |
Asset size | $638mm |
# of participants | 1,000–4,999 |
Business Category | Airline–Credit Union |
Participation Rate | 93.2% |
Avg Deferral Rate | 6.5% |
# of Funds Offered | 32 |
Investment Review | Quarterly |
True-up Feature | No |
Match Vesting Period | 4 years |
Eligibility | Immediate |
Default Deferral Rate | 6% |
Default Investment | Retail TDF (Index) |
Auto-Escalation | Yes |
Systematic Withdrawals | Yes |
Fee Equalization | Yes |
Match Rate | 100% of first 6% of Salary |
% Receiving Full Match | 79% |
Max Employer Contribution | 8.0% |
Financial Education | |
Saving/Budgeting | Yes |
Investing strategies | Yes |
Tax/Estate planning | |
College saving | |
Credit/Debt mgmt | |
Retiree health costs/savings options | |
Recordkeeper: | Empower Retirement |