PLANSPONSOR - February/March 2018 - 53

United Launch Alliance
401(k) Savings and Retirement Plan (Centennial, Colorado)
$646mm / 3,700 Participants / Aerospace & Defense
90.0%
ELIGIBILITY:
11.0% DEFAULT DEFERRAL RATE:
13
Quarterly
MATCH VESTING PERIOD:
MATCH RATE:
% RECEIVING FULL MATCH:
Immediate
75% of first 8% of salary
75% or more
AUTO-ESCALATION:
VeriSign, Inc. 401(k) Plan
(Reston, Virginia)
PARTICIPATION RATE:
AVG DEFERRAL RATE:
# OF FUNDS OFFERED:
INVESTMENT REVIEW:
TRUE-UP FEATURE:
Immediate
8.0%
No SYSTEMATIC WITHDRAWALS:
FEE EQUALIZATION:
DEFAULT INVESTMENT: Retail TDF (active)
Opt-in
Yes
Not applicable
MAX EMPLOYER CONTRIBUTION:
9% - 11%
FINANCIAL EDUCATION:
o Saving/Budgeting o Investing strategies o Tax/Estate planning
o College saving o Credit/Debt mgmt o Retiree health costs/savings options
RECORDKEEPER:
Voya Financial
UPM-Kymmene Salaried Employees
401(k) Retirement Plan (Naperville, Illinois)
$115mm / 340 Participants / Manufacturing - Consumer Products
95.0%
ELIGIBILITY:
10.2% DEFAULT DEFERRAL RATE:
21
Twice a year
MATCH VESTING PERIOD:
MATCH RATE:
% RECEIVING FULL MATCH:
4 years
50% of first 6% of salary
90% or more
DEFAULT INVESTMENT:
AUTO-ESCALATION:
No SYSTEMATIC WITHDRAWALS:
FEE EQUALIZATION:
MAX EMPLOYER CONTRIBUTION:
PARTICIPATION RATE:
AVG DEFERRAL RATE:
# OF FUNDS OFFERED:
INVESTMENT REVIEW:
TRUE-UP FEATURE:
Immediate
6.0%
Custom TDF
Opt-in
Yes
Yes
>10%
FINANCIAL EDUCATION:
o Saving/Budgeting o Investing strategies o Tax/Estate planning
o College saving o Credit/Debt mgmt o Retiree health costs/savings options
RECORDKEEPER:
Securian Financial Group
$322mm / 1,000 - 4,999 Participants / Technology, Computers, Software
93.3%
ELIGIBILITY:
9.5%
Quarterly
Yes
DEFAULT DEFERRAL RATE:
AUTO-ESCALATION:
PARTICIPATION RATE:
AVG DEFERRAL RATE:
# OF FUNDS OFFERED:
INVESTMENT REVIEW:
TRUE-UP FEATURE:
MATCH VESTING PERIOD:
MATCH RATE:
% RECEIVING FULL MATCH:
Immediate
6.0%
24 DEFAULT INVESTMENT: Retail TDF (index)
Opt-out
No
Immediate
50% of first 6% of salary
90% or more
SYSTEMATIC WITHDRAWALS:
FEE EQUALIZATION:
MAX EMPLOYER CONTRIBUTION:
Yes
3.0%
FINANCIAL EDUCATION:
o Saving/Budgeting o Investing strategies o Tax/Estate planning
o College saving o Credit/Debt mgmt o Retiree health costs/savings options
RECORDKEEPER:
T. Rowe Price
William Blair 401(k) and Profit Sharing Plan
(Chicago, Illinois)
$620mm / 1,900 Participants / Financial Services
96.0%
ELIGIBILITY:
11.0% DEFAULT DEFERRAL RATE:
13
Quarterly
Yes
MATCH VESTING PERIOD:
MATCH RATE:
% RECEIVING FULL MATCH:
Immediate
AUTO-ESCALATION:
PARTICIPATION RATE:
AVG DEFERRAL RATE:
# OF FUNDS OFFERED:
INVESTMENT REVIEW:
TRUE-UP FEATURE:
Immediate
6.0%
DEFAULT INVESTMENT: Retail TDF (index)
Opt-out
No
SYSTEMATIC WITHDRAWALS:
FEE EQUALIZATION:
50% of first 6% of compensation
75% or more
MAX EMPLOYER CONTRIBUTION:
Yes
10.5%
FINANCIAL EDUCATION:
o Saving/Budgeting o Investing strategies o Tax/Estate planning
o College saving o Credit/Debt mgmt o Retiree health costs/savings options
RECORDKEEPER:
Charles Schwab
Methodology
Recipients of the 2018 Best in Class 401(k) Plan designation were selected from the 3,018 401(k)
plans that responded to the 2017 PLANSPONSOR Defined Contribution (DC) Survey. Plans were
rated by way of a proprietary system that weighted usage/implementation of 35 criteria related
to plan design, oversight/governance and participant outcomes. Examples include participation
and deferral rates, matching contributions levels/features, and eligibility/vesting requirements.
Numeric scores were then assigned to each attribute, with higher scores given for use of features
that were viewed as having greater correlation with improved participant/plan outcomes-e.g.,
plans with immediate vesting received slightly higher scores than plans with three-year vesting
schedules. Plans that achieved a total score of more than 90 points, on a 100-point scale, received
the Best in Class designation.
If you'd like to be considered as a Best in Class 401(k) Plan next year ...
Our annual Defined Contribution (DC) Survey is the basis for the Best in Class 401(k) Plan
designation. To be sure you receive the DC Survey questionnaire this June/July, please email a
request to Jackie Scott at jscott@strategic-i.com.
PLANSPONSOR.com February-March 2018 53
http://www.PLANSPONSOR.com
PLANSPONSOR - February/March 2018

Table of Contents for the Digital Edition of PLANSPONSOR - February/March 2018
