Motorola Solutions
Location | Schaumburg, Illinois |
Asset Size | >$1 billion |
Number of Participants | >10,000 |
Business | Technology/Telecommunications |
Participation Rate | 93% |
Avg Deferral Rate | 10.00% |
Number of Funds | 9 |
Investment Review | Annually |
Fee Review | 2–3 years |
Fee Equalization | Unsure/Don’t know |
Auto-Enrollment Rate | 5% |
Auto-Escalation Rate | 1% |
Re-Enrollment | No |
Default Investment | Managed account |
Ret Income Offering | NR |
Vesting Period | 1 year |
Match Rate | 100% of first 4% of salary |
% Receiving Full Match | >75% |
True-Up Match | Yes |
Financial Education | |
Saving/budgeting | X |
Investing strategies | |
College saving | X |
Credit/debt mgmt | X |
Tax/estate planning | |
Retiree health costs/savings options | X |
Provider | Aon Hewitt |