Group 1001 401(k) Savings Plan

Plan nameGroup 1001 401(k) Savings Plan
LocationWaltham, Massachusetts
Asset size$51mm
# of participants552
Business Category Insurance, Reinsurance
Participation Rate95.8%
Avg Deferral Rate8.7%
# of Funds Offered17
Investment ReviewTwice a year
True-up FeatureYes
Match Vesting Period2 years
Default Deferral Rate6%
Default InvestmentTDF (all types)
Systematic WithdrawalsNo
Fee EqualizationYes
Match Rate50% of first 6% of salary
% Receiving Full Match>75%
Max Employer Contribution3%
Financial Education 
   Investing strategiesYes
   Tax/Estate planning
   College saving
   Credit/Debt mgmtYes
   Retiree health costs/savings options
Recordkeeper:Schwab Retirement Plan Services, Inc.
Note: Match rates and employer contributions are simplified for reporting purposes and may have other attributes (e.g., caps/limits, tiers, etc.) not listed here.
E_NOTICE Error in file footer.php at line 224: Undefined variable: tag_list