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Employer Match/PS Contribution Formula & Rates


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Posted

Has anyone found a survey that brokedown the most propular employer contribution formula/rates by plan size? I thought I have seen this before, but can not seem to find it. I have a client asking what a typical match formula and profit sharing contribution would be for a plan their size. Any help is appreciated.

JimJ

Posted

I have not found a survey which breaks down the best matching or profit sharing formula for a company based on their size.

However recently I did come across a survey which gives you the top 100 plan sponsors listing and how they have been successful in increasing their participation rate due to the type of formula they are offering in their plan.

I have attached the link below for this web site:

http://www.plansponsor.com/surveys/dctop10...ndex_popup.html

This will atleast give you an idea as to which formula works. You can try to match up the size of your business from this list.

Hope it gives you a start in the right direction.

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