Molson Coors Beverage Company

Plan nameMolson Coors Beverage Company
LocationChicago, IL
Asset size ($mm)$1,950
Participants5,000
IndustryFood & Beverage
Participation rate97%
Average deferral rate15%
# of funds offered19
Investment reviewQuarterly
True-up matchYes
Match vesting periodImmediately upon enrollment
EligibilityImmediately upon hire
Default deferral rate4%
Default investmentRetail TDF (Index)
Automatic escalationOpt-in
Systematic withdrawalsYes
Fee equalizationNo
  
Match rate51% – 99% of first 6% of salary
% receiving full match>90%
Maximum employer contribution9%
  
Financial education 
Saving/BudgetingYes
Investing strategiesYes
College savingYes
Credit/Debt management 
Tax/Estate planningYes
Retiree health costs/savings options 
 
RecordkeeperFidelity
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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