Freeport-McMoRan
Plan name | Freeport-McMoRan |
Location | Phoenix, Arizona |
Asset size | >$1b |
# of participants | 13,014 |
Business Category | Mining |
Participation Rate | 96.6% |
Avg Deferral Rate | 7.8% |
# of Funds Offered | 23 |
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-out |
Systematic Withdrawals | Yes |
Fee Equalization | Yes |
Match Rate | 100% up to 5% of salary |
% Receiving Full Match | >90% |
Max Employer Contribution | 5% |
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: | Charles Schwab |