2020 Best in Class 401(k) Plans | Winner
Pitney Bowes
| Plan name | Pitney Bowes |
| Location | Stamford, Connecticut |
| Asset size | >$1b |
| # of participants | 10,000 or more |
| Business Category | Technology |
| Participation Rate | 86.6% |
| Avg Deferral Rate | 7.4% |
| # of Funds Offered | 15 |
| Investment Review | Annually |
| True-up Feature | Yes |
| Match Vesting Period | 3 years |
| Eligibility | Immediate |
| Default Deferral Rate | 6% |
| Default Investment | Retail TDF (Active) |
| Auto-Escalation | Yes |
| Systematic Withdrawals | Yes |
| Fee Equalization | No |
| Match Rate | 51%–99% of first 6% of salary |
| % Receiving Full Match | >90% |
| Max Employer Contribution | 6% |
| 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: | T. Rowe Price |
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