Veridian Credit Union

LocationCedar Falls, IA
Asset Size>$50MM – $100MM
Number of Participants500 – 999 Participants
BusinessCredit Union
Participation rate93%
Avg. deferral rate7.0%
No. of funds offered36
Investment ReviewQuarterly
True-up featureYes
Match Vesting Period5 years
EligibilityImmediate
Default deferral rate5%
Default investmentRetail TDF (active)
Auto-escalationOpt-out
Systematic withdrawalsYes
Fee equalizationYes
Match Rate100% of the first 5% of salary
% receiving full match>75%
Max Employer Contribution>10.0%
  
Financial education: 
Saving/budgetingX
Investing strategiesX
College saving 
Credit/debt mgtX
Tax/estate planning 
Retiree health costs/savings optionsX
  
RecordkeeperEmpower Retirement
E_DEPRECATED Error in file »nav-menu-template.php« at line 533: Creation of dynamic property WP_Post::$current_item_parent is deprecated