The Brunswick Rewards Plan
Plan Name | The Brunswick Rewards Plan |
Location | Mettawa, IL |
Asset Size | $1.34B |
Number of Participants | 8,100 |
Business | Manufacturing – Recreation Products |
Participation rate | 96.0% |
Avg. deferral rate | 7.7% |
No. of funds offered | 13 |
Investment Review | Quarterly |
True-up feature | Yes |
Match Vesting Period | 2 years |
Eligibility | Immediate |
Default deferral rate | 3.0% |
Default investment | Retail Target-Date Fund (Indexed) |
Auto-escalation | Opt-Out |
Systematic withdrawals | Yes |
Fee equalization | Yes |
Match Rate | 100% of first 3% of salary; 50% of next 2% |
% receiving full match | 50% – 75% |
Max Employer Contribution | 10.0% |
Financial education: | |
Saving/budgeting | |
Investing strategies | Yes |
College saving | |
Credit/debt mgt | |
Tax/estate planning | |
Retiree health costs/savings options | |
Recordkeeper | Vanguard |