Motorola Solutions 401k Plan
Plan name | Motorola Solutions 401k Plan |
Location | Chicago, Illinois |
Asset size | $5.4b |
# of participants | 10,000 or more |
Business Category | Technology, Communications & Services |
Participation Rate | 95.0% |
Avg Deferral Rate | 10.0% |
# of Funds Offered | 19 |
Investment Review | Annually |
True-up Feature | Yes |
Match Vesting Period | Immediate |
Eligibility | Immediate |
Default Deferral Rate | 5% |
Default Investment | TDF |
Auto-Escalation | Yes |
Systematic Withdrawals | Yes |
Fee Equalization | Not applicable |
Match Rate | 100% on first 4% contributed |
% Receiving Full Match | >90% |
Max Employer Contribution | 4% |
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: | Voya Financial |