Group 1001 401(k) Savings Plan
| Plan name | Group 1001 401(k) Savings Plan |
| Location | Waltham, Massachusetts |
| Asset size | $51mm |
| # of participants | 552 |
| Business Category | Insurance, Reinsurance |
| Participation Rate | 95.8% |
| Avg Deferral Rate | 8.7% |
| # of Funds Offered | 17 |
| Investment Review | Twice a year |
| True-up Feature | Yes |
| Match Vesting Period | 2 years |
| Eligibility | Immediate |
| Default Deferral Rate | 6% |
| Default Investment | TDF (all types) |
| Auto-Escalation | Opt-out |
| Systematic Withdrawals | No |
| Fee Equalization | Yes |
| Match Rate | 50% of first 6% of salary |
| % Receiving Full Match | >75% |
| Max Employer Contribution | 3% |
| Financial Education | |
| Saving/Budgeting | Yes |
| Investing strategies | Yes |
| Tax/Estate planning | |
| College saving | |
| Credit/Debt mgmt | Yes |
| Retiree health costs/savings options | |
| Recordkeeper: | Schwab Retirement Plan Services, Inc. |
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