FairPoint Communications, Inc.
Location | Charlotte, North Carolina |
Asset Size | $479 million |
Number of Participants | 2,650 |
Business | Telecommunications |
Participation Rate | 88% |
Avg Deferral Rate | 8.30% |
Number of Funds | 21 |
Investment Review | Quarterly |
Fee Review | Annually |
Fee Equalization | Yes |
Auto-Enrollment Rate | 5% |
Auto-Escalation Rate | 1% |
Re-Enrollment | No |
Default Investment | Target-date (index) |
Ret Income Offering | None |
Vesting Period | 5 years |
Match Rate | 100% of first 5% of salary |
% Receiving Full Match | >75% |
True-Up Match | No |
Financial Education | |
Saving/budgeting | x |
Investing strategies | x |
College saving | x |
Credit/debt mgmt | x |
Tax/estate planning | x |
Retiree health costs/savings options | |
Provider | Transamerica Retirement Solutions |