2018 Best In Class – The Boeing Company Voluntary Investment Plan

Plan Name The Boeing Company Voluntary Investment Plan
Location Chicago, IL
Asset Size $59.6B
Number of Participants More than 10,000
Business Aerospace & Defense
Participation rate 94.2%
Avg. deferral rate 11.6%
No. of funds offered 14
Investment Review Quarterly
True-up feature No
Match Vesting Period Immediate
Eligibility Immediate
Default deferral rate 4.0%
Default investment Custom Target-Date Fund
Auto-escalation Opt-Out
Systematic withdrawals Yes
Fee equalization Not applicable
Match Rate 75% of employee conribution, up to 8% of salary
% receiving full match 75% or more
Max Employer Contribution 11.0%
   
Financial education:  
Saving/budgeting Yes
Investing strategies Yes
College saving  
Credit/debt mgt Yes
Tax/estate planning  
Retiree health costs/savings options Yes
   
Recordkeeper Conduent LLC 

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