PPL Corporation
Plan name | PPL Corporation |
Location | Allentown, PA |
Asset size ($mm) | $79 |
Participants | 849 |
Industry | Utilities |
Participation rate | 95.5% |
Average deferral rate | 9.3% |
# of funds offered | 13 |
Investment review | Quarterly |
True-up match | Yes |
Match vesting period | 2 years |
Eligibility | First of the month after date of hire |
Default deferral rate | 6% |
Default investment | TDF (all types) |
Automatic escalation | Opt-out |
Systematic withdrawals | Yes |
Fee equalization | Yes |
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Match rate | 51% – 99% of first 6% of salary |
% receiving full match | 89% |
Maximum employer contribution | 7.5% |
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Financial education | Â |
Saving/Budgeting | Yes |
Investing strategies | Yes |
College saving | Yes |
Credit/Debt management | Yes |
Tax/Estate planning | Yes |
Retiree health costs/savings options | Yes |
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Recordkeeper | Fidelity |