American Century Investments / American Century Retirement Plan

Plan nameAmerican Century Investments / American Century Retirement Plan
LocationKansas City, Missouri
Asset size$815mm
# of participants2,171
Business Category Financial Services
Participation Rate98%
Avg Deferral Rate10%
# of Funds Offered27
Investment ReviewQuarterly
True-up FeatureYes
Match Vesting PeriodImmediate
EligibilityImmediate
Default Deferral Rate5%
Default InvestmentTDF (all types)
Auto-EscalationOpt-out
Systematic WithdrawalsNo
Fee EqualizationYes
Match Rate100% match on first 5% of total cash compensation
% Receiving Full Match>90%
Max Employer Contribution15%
Financial Education 
   Saving/BudgetingYes
   Investing strategiesYes
   Tax/Estate planningYes
   College savingYes
   Credit/Debt mgmtYes
   Retiree health costs/savings optionsYes
Recordkeeper:Charles Schwab
Note: Match rates and employer contributions are simplified for reporting purposes and may have other attributes (e.g., caps/limits, tiers, etc.) not listed here.
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