Essenita Health
Location | Duluth, Minnesota |
Asset Size | $1.0 billion |
Number of Participants | 16,404 |
Business | Health Care |
Participation Rate | 90% |
Avg Deferral Rate | 6.70% |
Number of Funds | 30 |
Investment Review | Quarterly |
Fee Review | Annually |
Fee Equalization | Yes |
Auto-Enrollment Rate | 4% |
Auto-Escalation Rate | 1% |
Re-Enrollment | No |
Default Investment | Target-date (index) |
Ret Income Offering | Out-of-plan |
Vesting Period | Immediately |
Match Rate | 50% of first 4% of salary |
% Receiving Full Match | >90% |
True-Up Match | Yes |
Financial Education | |
Saving/budgeting | x |
Investing strategies | x |
College saving | x |
Credit/debt mgmt | x |
Tax/estate planning | x |
Retiree health costs/savings options | x |
Provider | Transamerica Retirement Solutions |