PPL Corporation

Plan namePPL Corporation
LocationAllentown, PA
Asset size ($mm)$79
Participants849
IndustryUtilities
Participation rate95.5%
Average deferral rate9.3%
# of funds offered13
Investment reviewQuarterly
True-up matchYes
Match vesting period2 years
EligibilityFirst of the month after date of hire
Default deferral rate6%
Default investmentTDF (all types)
Automatic escalationOpt-out
Systematic withdrawalsYes
Fee equalizationYes
  
Match rate51% – 99% of first 6% of salary
% receiving full match89%
Maximum employer contribution7.5%
  
Financial education 
Saving/BudgetingYes
Investing strategiesYes
College savingYes
Credit/Debt managementYes
Tax/Estate planningYes
Retiree health costs/savings optionsYes
 
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.
E_NOTICE Error in file single-awards.php at line 27: Undefined variable: pid