IMCA Retirement Corporation
Location | Washington, DC |
Asset Size | $220.6MM |
Number of Participants | 1,000 – 4,999 Participants |
Business | Financial Services |
Participation rate | 94% |
Avg. deferral rate | 10.2% |
No. of funds offered | 27 |
Investment Review | Twice a year |
True-up feature | Yes |
Match Vesting Period | 5 years |
Eligibility | Immediate |
Default deferral rate | 4% |
Default investment | Retail TDF (active) |
Auto-escalation | Opt-in |
Systematic withdrawals | Yes |
Fee equalization | Planned for 2017 |
Match Rate | 100% of first 4% of eligible compensation |
% receiving full match | >90% |
Max Employer Contribution | 10.0% |
Financial education: | |
Saving/budgeting | x |
Investing strategies | x |
College saving | |
Credit/debt mgt | x |
Tax/estate planning | |
Retiree health costs/savings options | x |
Recordkeeper | John Hancock Retirement Plan Services |