Motorola Solutions 401k Plan

Plan nameMotorola Solutions 401k Plan
LocationChicago, Illinois
Asset size$5.4b
# of participants10,000 or more
Business Category Technology, Communications & Services
Participation Rate95.0%
Avg Deferral Rate10.0%
# of Funds Offered19
Investment ReviewAnnually
True-up FeatureYes
Match Vesting PeriodImmediate
EligibilityImmediate
Default Deferral Rate5%
Default InvestmentTDF
Auto-EscalationYes
Systematic WithdrawalsYes
Fee EqualizationNot applicable
Match Rate100% on first 4% contributed
% Receiving Full Match>90%
Max Employer Contribution4%
Financial Education 
   Saving/BudgetingYes
   Investing strategiesYes
   Tax/Estate planningYes
   College savingYes
   Credit/Debt mgmtYes
   Retiree health costs/savings optionsYes
Recordkeeper:Voya Financial
Requalified plan
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.
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