United Launch Alliance 401(k) Savings and Retirement Plan
Plan Name | United Launch Alliance 401(k) Savings and Retirement Plan |
Location | Centennial, CO |
Asset Size | $646MM |
Number of Participants | 3,700 |
Business | Aerospace & Defense |
Participation rate | 90.0% |
Avg. deferral rate | 11.0% |
No. of funds offered | 13 |
Investment Review | Quarterly |
True-up feature | No |
Match Vesting Period | Immediate |
Eligibility | Immediate |
Default deferral rate | 8.0% |
Default investment | Retail Target-Date Fund (Active Management) |
Auto-escalation | Opt-in |
Systematic withdrawals | Yes |
Fee equalization | Not applicable |
Match Rate | 75% of the first 8% of salary |
% receiving full match | 75% or more |
Max Employer Contribution | 9% – 11% |
Financial education: | |
Saving/budgeting | Yes |
Investing strategies | Yes |
College saving | |
Credit/debt mgt | Yes |
Tax/estate planning | Yes |
Retiree health costs/savings options | Yes |
Recordkeeper | Voya Financial |