2018 Best In Class – William Blair 401(k) and Profit Sharing Plan

Plan Name William Blair 401(k) and Profit Sharing Plan
Location Chicago, IL
Asset Size $620MM
Number of Participants 1,900
Business Financial Services
Participation rate 96.0%
Avg. deferral rate 11.0%
No. of funds offered 13
Investment Review Quarterly
True-up feature Yes
Match Vesting Period Immediate
Eligibility Immediate
Default deferral rate 6.0%
Default investment Retail Target-Date Fund (Indexed)
Auto-escalation Opt-Out
Systematic withdrawals No
Fee equalization Yes
Match Rate 50% of first 6% of compensation
% receiving full match 75% or more
Max Employer Contribution 10.5%
   
Financial education:  
Saving/budgeting Yes
Investing strategies Yes
College saving Yes
Credit/debt mgt Yes
Tax/estate planning Yes
Retiree health costs/savings options Yes
   
Recordkeeper Charles Schwab

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