Allegion
Plan name | Allegion |
Location | Carmel, Indiana |
Asset size | >$500mm–$1b |
# of participants | 1,000–4,999 |
Business Category | Manufacturing, Precision Instruments |
Participation Rate | 91% |
Avg Deferral Rate | 7.4% |
# of Funds Offered | 10 |
Investment Review | Quarterly |
True-up Feature | Yes |
Match Vesting Period | Immediate |
Eligibility | Immediate |
Default Deferral Rate | 2% |
Default Investment | TDF (all types) |
Auto-Escalation | Opt-in |
Systematic Withdrawals | No |
Fee Equalization | No |
Match Rate | 100% of first 6% of salary |
% Receiving Full Match | 50%–75% |
Max Employer Contribution | 6% |
Financial Education | |
Saving/Budgeting | Yes |
Investing strategies | Yes |
Tax/Estate planning | |
College saving | |
Credit/Debt mgmt | |
Retiree health costs/savings options | |
Recordkeeper: | Fidelity |