Development Corporation for Israel
Plan name | Development Corporation for Israel |
Location | New York, New York |
Asset size | >$25mm–$50mm |
# of participants | 100–499 |
Business Category | Financial Services |
Participation Rate | 99.4% |
Avg Deferral Rate | 10.4% |
# of Funds Offered | 21 |
Investment Review | Quarterly |
True-up Feature | Yes |
Match Vesting Period | 2 years |
Eligibility | Monthly entry dates |
Default Deferral Rate | 4% |
Default Investment | TDF (all types) |
Auto-Escalation | Opt-out |
Systematic Withdrawals | Yes |
Fee Equalization | No |
Match Rate | 100% of first 3% of salary |
% Receiving Full Match | >90% |
Max Employer Contribution | 5%–7% |
Financial Education | |
Saving/Budgeting | Yes |
Investing strategies | Yes |
Tax/Estate planning | Yes |
College saving | |
Credit/Debt mgmt | Yes |
Retiree health costs/savings options | |
Recordkeeper: | OneAmerica |