Institute of Nuclear Power Operations
Plan name | Institute of Nuclear Power Operations 401(k) Retirement Savings Plan |
Location | Atlanta, Georgia |
Asset size | $105.2MM |
Participants | 475 |
Industry | Nonprofit Organization |
Participation rate | 97% |
Average deferral rate | 11.4% |
# of funds offered | 16 |
Investment review | Quarterly |
True-up match | Yes |
Match vesting period | Immediately upon enrollment |
Eligibility | Immediately upon hire |
Default deferral rate | 6% |
Default investment | Custom Target-date Fund |
Automatic escalation | Opt-out |
Systematic withdrawals | Yes |
Fee equalization | Yes |
Match rate | 100% on the first 5% of salary deferrals |
% receiving full match | >90% |
Maximum employer contribution | 9% – 12% |
Financial education: | |
Saving/Budgeting | Yes |
Investing strategies | Yes |
College saving | Yes |
Credit/Debt management | |
Tax/Estate planning | Yes |
Retiree health costs/savings options | Yes |
Recordkeeper | Charles Schwab |