Eastman
Plan name | Eastman |
Location | Kingsport, Tennessee |
Asset size | $3.2b |
# of participants | 15,800 |
Business Category | Chemical Manufacturing |
Participation Rate | 93.0% |
Avg Deferral Rate | 11.5% |
# of Funds Offered | 14 |
Investment Review | Quarterly |
True-up Feature | Yes |
Match Vesting Period | Immediate |
Eligibility | Immediate |
Default Deferral Rate | 7% |
Default Investment | TDF (all types) |
Auto-Escalation | Opt-out |
Systematic Withdrawals | Yes |
Fee Equalization | Yes |
Match Rate | 50% of first 7% of eligible earnings |
% Receiving Full Match | 80% |
Max Employer Contribution | 8.50% |
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 |