Pfizer Inc

Plan namePfizer Inc
LocationNew York, NY
Asset size ($mm)$18,000
Participants60,000
IndustryPharmaceutical
Participation rate92%
Average deferral rate7.2%
# of funds offered13
Investment reviewQuarterly
True-up matchNo
Match vesting periodImmediately upon enrollment
EligibilityImmediately upon hire
Default deferral rate6%
Default investmentInstitutional TDF (Index)
Automatic escalationOpt-in
Systematic withdrawalsNo
Fee equalizationNo
  
Match rate51% – 99% of first 6% of salary
% receiving full match>90%
Maximum employer contribution13.5%
  
Financial education 
Saving/BudgetingYes
Investing strategiesYes
College savingYes
Credit/Debt managementYes
Tax/Estate planning 
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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