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Dimensions of 401(k) Plan Design (PDF)
Pension Research Council
Apr. 7, 2005 56 pages. Excerpt: This paper seeks to understand why plan sponsors design their 401(k) plans the way they do. Drawing on a rich dataset of several hundred 401(k) plans, we find support for the argument that these plans are principally a form of tax-motivated compensation. In other words, to appeal to better-paid workers, employers provide more generous matching contributions and non-cash plan design features. [WP2005-05] MORE >> |
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