Mercersburg Academy 401(k) Plan
| Plan Name | Mercersburg Academy 401(k) Plan |
| Location | Mercersburg, PA |
| Asset Size | $38.7MM |
| Number of Participants | 285 |
| Business | Education: 9-12 (Private) |
| Participation rate | 98.0% |
| Avg. deferral rate | 9.0% |
| No. of funds offered | 21 |
| Investment Review | Annually |
| True-up feature | Yes |
| Match Vesting Period | Immediate |
| Eligibility | Immediate |
| Default deferral rate | 5.0% |
| Default investment | Retail Target-Date Fund (Active Management) |
| Auto-escalation | Opt-Out |
| Systematic withdrawals | Yes |
| Fee equalization | Not reported |
| Match Rate | >100% of first 6% of salary |
| % receiving full match | 95% or more |
| Max Employer Contribution | 11.0% |
| Financial education: | |
| Saving/budgeting | |
| Investing strategies | |
| College saving | |
| Credit/debt mgt | |
| Tax/estate planning | |
| Retiree health costs/savings options | Yes |
| Recordkeeper | T. Rowe Price |
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