Match Group
Plan name | Match Group |
Location | Dallas, Texas |
Asset size ($MM) | $100 million - $200 million |
Participants | 1,000 - 4,999 |
Industry | Technology/Computers/Software |
Participation rate | 90% |
Average deferral rate | 11% |
# of funds offered | 33 |
Investment review | Quarterly |
True-up match | Yes |
Match vesting period | 2 years |
Eligibility | Immediately upon hire |
Default deferral rate | Other |
Default investment | Target-date Fund (all types) |
Automatic escalation | Exactly 1% |
Systematic withdrawals | Yes |
Fee equalization |
Match Rate | 100% of first 6% of salary |
% receiving full match | Vast majority (75% or more) |
Maximum employer contribution | 10% |
Financial Education | |
Saving/Budgeting | Yes |
Investing strategies | Yes |
College saving | Yes |
Credit/Debt management | No |
Tax/Estate planning | Yes |
Retiree health costs/savings options​ | Yes |
Recordkeeper | Charles Schwab |