Mylan Inc.
![Best in Class 401(k) Plans](https://si-interactive.s3.amazonaws.com/prod/plansponsor-com/wp-content/uploads/2017/05/25045535/PS515-BIC-Logo-215x104.png)
Location | Canonsburg, PA |
Asset Size | $650 million |
Number of Participants | 5,000 – 9,999 participants |
Business | Pharmaceuticals |
Participation rate | 96% |
Avg. deferral rate | 7.0% |
No. of funds offered | 12 |
Investment Review | Quarterly |
True-up Match | Yes |
Match Vesting Period | Immediately |
Eligibility | Immediately |
Default deferral rate | 4% |
Default investment | Retail TDF (Index) |
Auto escalation | Opt-in |
Ret. Income offering | None |
Fee equalization | No |
Match Rate | 100% of first 4% of salary |
% receiving full match | >95% |
Max Employer Contribution | More than 10% |
Financial education: | |
Saving/budgeting | x |
Investing strategies | x |
College saving | |
Credit/debt mgt | |
Tax/estate planning | |
Retiree health costs/savings options | |
Recordkeeper | Bank of America Merrill Lynch |