Verus Advisory
| Plan name | Verus Advisory |
| Location | Seattle, Wash. |
| Asset size ($MM) | $25 million - $50 million |
| Participants | 115 |
| Industry | Accounting/CPA firm/Financial planning |
| Participation rate | 96% |
| Average deferral rate | 10% |
| # of funds offered | 27 |
| Investment review | |
| True-up match | |
| Match vesting period | Immediately upon enrollment |
| Eligibility | Immediately upon hire |
| Default deferral rate | 6% |
| Default investment | Target-date Fund (all types) |
| Automatic escalation | Yes - participants are defaulted into auto escalation at time of enrollment unless they opt out; all other participants can opt in at any time |
| Systematic withdrawals | |
| Fee equalization | Yes – a policy is in place |
| Match Rate | 50% of first 6% of salary |
| % receiving full match | All or nearly all participants (90% or more) |
| Maximum employer contribution | 3% |
| Financial Education | |
Saving/Budgeting | |
Investing strategies | |
College saving | |
Credit/Debt management | |
Tax/Estate planning | |
Retiree health costs/savings options |
| Recordkeeper | Charles Schwab |
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