Jump to content

Employer contribution trends in 401K plans


Recommended Posts

Guest jpr9954
Posted

A group I work with has asked for information on any trends regarding the employer match to 401K/403B plans. They currently have a very generous 100% match up to 8% of salary for employees that have 5+ years of service. The HR Dept would like to see it stay at that level and needs any data, statistics, etc. that would bolster their cause. They feel that this match allows them to be very competitive in hiring quality staff. It is a hospital system with 5000+ employees.

Are employer matches rising or falling would be the general question?

Thanks

-John

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use