Blue Cross Blue Shield of Louisiana
| Plan name | Blue Cross Blue Shield of Louisiana |
| Location | Baton Rouge, La. |
| Asset size ($MM) | $500 million - $1 billion |
| Participants | 3,600 |
| Industry | Insurance/Reinsurance |
| Participation rate | 99% |
| Average deferral rate | 9% |
| # of funds offered | 13 |
| Investment review | |
| True-up match | |
| Match vesting period | 3 years |
| Eligibility | Within 3 months of employment |
| 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 |
| Match Rate | 50% of first 6% of salary |
| % receiving full match | Vast majority (75% 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 | Fidelity Investments |
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