The Boeing Company Voluntary Investment Plan
Plan Name | The Boeing Company Voluntary Investment Plan |
Location | Chicago, IL |
Asset Size | $59.6B |
Number of Participants | More than 10,000 |
Business | Aerospace & Defense |
Participation rate | 94.2% |
Avg. deferral rate | 11.6% |
No. of funds offered | 14 |
Investment Review | Quarterly |
True-up feature | No |
Match Vesting Period | Immediate |
Eligibility | Immediate |
Default deferral rate | 4.0% |
Default investment | Custom Target-Date Fund |
Auto-escalation | Opt-Out |
Systematic withdrawals | Yes |
Fee equalization | Not applicable |
Match Rate | 75% of employee conribution, up to 8% of salary |
% receiving full match | 75% or more |
Max Employer Contribution | 11.0% |
Financial education: | |
Saving/budgeting | Yes |
Investing strategies | Yes |
College saving | |
Credit/debt mgt | Yes |
Tax/estate planning | |
Retiree health costs/savings options | Yes |
Recordkeeper | Conduent LLCÂ |