ONEOK, Inc. 401(k) Plan
Plan Name | ONEOK, Inc. 401(k) Plan |
Location | Tulsa, OK |
Asset Size | $461MM |
Number of Participants | 2,800 |
Business | Oil & Gas / Energy |
Participation rate | 98.0% |
Avg. deferral rate | 8.0% |
No. of funds offered | 14 |
Investment Review | Quarterly |
True-up feature | No |
Match Vesting Period | Immediate |
Eligibility | Immediate |
Default deferral rate | 6.0% |
Default investment | Retail Target-Date Fund (Active Management) |
Auto-escalation | Opt-in |
Systematic withdrawals | No |
Fee equalization | Yes |
Match Rate | 100% of first 6% of salary |
% receiving full match | 90% or more |
Max Employer Contribution | 7% – 12% |
Financial education: | |
Saving/budgeting | Yes |
Investing strategies | Yes |
College saving | Yes |
Credit/debt mgt | Yes |
Tax/estate planning | Yes |
Retiree health costs/savings options | Yes |
Recordkeeper | Fidelity Investments |