Veritas

Plan nameVeritas
LocationHeathrow, Florida
Asset size>$200mm–$500mm
# of participants3,200
Business Category Technology, Software
Participation Rate93.1%
Avg Deferral Rate11.8%
# of Funds Offered12
Investment ReviewQuarterly
True-up FeatureYes
Match Vesting Period1 year
EligibilityImmediate
Default Deferral Rate> 6%
Default InvestmentTDF (all types)
Auto-EscalationOpt-out
Systematic WithdrawalsYes
Fee EqualizationNot Reported
Match Rate50% of first 8% of salary
% Receiving Full Match>75%
Max Employer Contribution4%*
Financial Education 
   Saving/BudgetingYes
   Investing strategiesYes
   Tax/Estate planning
   College savingYes
   Credit/Debt mgmtYes
   Retiree health costs/savings options
Recordkeeper:Empower Retirement
*Capped at $6,000
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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