PLANSPONSOR - February/March 2019 - 50

2019 Best in Class 401(k) Plans
Taylor Guitars
(El Cajon, California)
$36.7mm / 465 participants / Manufacturing - Consumer Products
>89%
ELIGIBILITY:
8% DEFAULT DEFERRAL RATE:
17
Quarterly
Yes
MATCH VESTING PERIOD:
MATCH RATE:
% RECEIVING FULL MATCH:
2 yrs (cliff)
AUTO-ESCALATION:
PARTICIPATION RATE:
AVG DEFERRAL RATE:
# OF FUNDS OFFERED:
INVESTMENT REVIEW:
TRUE-UP FEATURE:
Within 3 months
5%
DEFAULT INVESTMENT: Allocation models
Opt-out
SYSTEMATIC WITHDRAWALS:
FEE EQUALIZATION:
100% of first 5% of salary deferrals
>65%
MAX EMPLOYER CONTRIBUTION:
Yes
Yes
7%
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:
Principal Financial Group
Thomson Reuters
(Minneapolis-St. Paul, Minnesota)
$3.22b / >10,000 participants / Media, Communications, Publishing
>94%
ELIGIBILITY:
9.5%
13
Quarterly
Yes
DEFAULT DEFERRAL RATE:
DEFAULT INVESTMENT:
AUTO-ESCALATION:
United States Steel Corporation
(Pittsburgh, Pennsylvania)
$1.13b / 6,500 participants / Manufacturing - Industrial Products
98%
ELIGIBILITY:
Quarterly
Yes
MATCH VESTING PERIOD:
MATCH RATE:
% RECEIVING FULL MATCH:
3 yrs (cliff)
DEFAULT INVESTMENT:
AUTO-ESCALATION:
9.1% DEFAULT DEFERRAL RATE:
15
PARTICIPATION RATE:
AVG DEFERRAL RATE:
# OF FUNDS OFFERED:
INVESTMENT REVIEW:
TRUE-UP FEATURE:
Within 1 month
3%
Institutional TDF
Opt-out
SYSTEMATIC WITHDRAWALS:
FEE EQUALIZATION:
100% of first 6% of salary deferrals
>85%
Yes
Planned for 2019
MAX EMPLOYER CONTRIBUTION: Up to 14.5%
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:
Fidelity Investments
PARTICIPATION RATE:
AVG DEFERRAL RATE:
# OF FUNDS OFFERED:
INVESTMENT REVIEW:
TRUE-UP FEATURE:
MATCH VESTING PERIOD: 4 yrs (graded)
MATCH RATE:
% RECEIVING FULL MATCH:
Immediate
4%
Institutional TDF
Opt-out
SYSTEMATIC WITHDRAWALS:
FEE EQUALIZATION:
100% of first 4% of salary deferrals
>90%
MAX EMPLOYER CONTRIBUTION:
Yes
No
4%
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
Triad National Security, LLC
(Los Alamos, New Mexico)
$818mm / 5,000 - 9,999 participants / Government Contractor
94%
ELIGIBILITY:
10% DEFAULT DEFERRAL RATE:
11
Quarterly
MATCH VESTING PERIOD:
MATCH RATE:
% RECEIVING FULL MATCH:
Immediate
DEFAULT INVESTMENT:
AUTO-ESCALATION:
PARTICIPATION RATE:
AVG DEFERRAL RATE:
# OF FUNDS OFFERED:
INVESTMENT REVIEW:
TRUE-UP FEATURE:
Immediate
6%
Institutional TDF
Opt-in
No SYSTEMATIC WITHDRAWALS:
FEE EQUALIZATION:
100% of first 6% of salary deferrals
>90%
Yes
Not applicable
MAX EMPLOYER CONTRIBUTION:
>9.5%
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:
Fidelity Investments
Unum
(Chattanooga, Tennessee)
$1.45b / 11,700 participants / Insurance, Reinsurance
92%
ELIGIBILITY:
7.3% DEFAULT DEFERRAL RATE:
12
Quarterly
Yes
MATCH VESTING PERIOD:
MATCH RATE:
% RECEIVING FULL MATCH:
Immediate
DEFAULT INVESTMENT:
AUTO-ESCALATION:
PARTICIPATION RATE:
AVG DEFERRAL RATE:
# OF FUNDS OFFERED:
INVESTMENT REVIEW:
TRUE-UP FEATURE:
Immediate
5%
Institutional TDF
Opt-in
SYSTEMATIC WITHDRAWALS:
FEE EQUALIZATION:
100% of first 5% of salary deferrals
50% - 75%
MAX EMPLOYER CONTRIBUTION:
Yes
Yes
9.5%
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:
Fidelity Investments
West Bend Mutual Insurance Company
(West Bend, Wisconsin)
$273.0mm / 1,300 participants / Property and Casualty Insurance
96%
ELIGIBILITY:
Quarterly
Yes
MATCH VESTING PERIOD:
MATCH RATE:
% RECEIVING FULL MATCH:
Immediate
8.9% DEFAULT DEFERRAL RATE:
32 DEFAULT INVESTMENT:
AUTO-ESCALATION:
PARTICIPATION RATE:
AVG DEFERRAL RATE:
# OF FUNDS OFFERED:
INVESTMENT REVIEW:
TRUE-UP FEATURE:
Immediate
6%
Institutional TDF
Opt-in
SYSTEMATIC WITHDRAWALS:
FEE EQUALIZATION:
67% of the first 6% of salary deferrals
>75%
MAX EMPLOYER CONTRIBUTION:
Yes
Yes
13%
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:
Fidelity Investments
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.
50 PLANSPONSOR.com February - March 2019
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PLANSPONSOR - February/March 2019

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