Veritas
Plan name | Veritas |
Location | Heathrow, Florida |
Asset size | >$200mm–$500mm |
# of participants | 3,200 |
Business Category | Technology, Software |
Participation Rate | 93.1% |
Avg Deferral Rate | 11.8% |
# of Funds Offered | 12 |
Investment Review | Quarterly |
True-up Feature | Yes |
Match Vesting Period | 1 year |
Eligibility | Immediate |
Default Deferral Rate | > 6% |
Default Investment | TDF (all types) |
Auto-Escalation | Opt-out |
Systematic Withdrawals | Yes |
Fee Equalization | Not Reported |
Match Rate | 50% of first 8% of salary |
% Receiving Full Match | >75% |
Max Employer Contribution | 4%* |
Financial Education | |
Saving/Budgeting | Yes |
Investing strategies | Yes |
Tax/Estate planning | |
College saving | Yes |
Credit/Debt mgmt | Yes |
Retiree health costs/savings options | |
Recordkeeper: | Empower Retirement |