Land O’Lakes, Inc.
Location | St. Paul, Minnesota |
Asset Size | $1.1 billion |
Number of Participants | 9,673 |
Business | Consumer Products/Agriculture |
Participation Rate | 98% |
Avg Deferral Rate | 8.30% |
Number of Funds | 13 |
Investment Review | Quarterly |
Fee Review | NR |
Fee Equalization | NR |
Auto-Enrollment Rate | 6% |
Auto-Escalation Rate | 1% |
Re-Enrollment | No |
Default Investment | Target-date (active) |
Ret Income Offering | In-plan |
Vesting Period | 4 years |
Match Rate | 100% of first 3%; 50% of next 2%; total match is 4% of salary |
% Receiving Full Match | >90% |
True-Up Match | Yes |
Financial Education | |
Saving/budgeting | X |
Investing strategies | X |
College saving | |
Credit/debt mgmt | |
Tax/estate planning | X |
Retiree health costs/savings options | |
Provider | Aon Hewitt |