American Century Investments / American Century Retirement Plan
Plan name | American Century Investments / American Century Retirement Plan |
Location | Kansas City, Missouri |
Asset size | $815mm |
# of participants | 2,171 |
Business Category | Financial Services |
Participation Rate | 98% |
Avg Deferral Rate | 10% |
# of Funds Offered | 27 |
Investment Review | Quarterly |
True-up Feature | Yes |
Match Vesting Period | Immediate |
Eligibility | Immediate |
Default Deferral Rate | 5% |
Default Investment | TDF (all types) |
Auto-Escalation | Opt-out |
Systematic Withdrawals | No |
Fee Equalization | Yes |
Match Rate | 100% match on first 5% of total cash compensation |
% Receiving Full Match | >90% |
Max Employer Contribution | 15% |
Financial Education | |
Saving/Budgeting | Yes |
Investing strategies | Yes |
Tax/Estate planning | Yes |
College saving | Yes |
Credit/Debt mgmt | Yes |
Retiree health costs/savings options | Yes |
Recordkeeper: | Charles Schwab |