CLE401kGuy Posted October 12, 2016 Posted October 12, 2016 Does anyone know of a good resource that gives detailed statistical data regarding participation in 401(k) plans - perhaps participation in micro market 401k plans vs. large market plans or 401k participation by industry - i.e. x% of participants on average in manufacturing make 401k contributions while y% of participants on average in medical make 401k contributions... it seems like these statistics s/b somewhere, but i'm just not unearthing them... i've checked our Bureau of Labor Statistics, DOL, PSCA (which has some but not quite the detail i was looking for) Any suggestions would be appreciated... trying to see how participation rates in the plans our firm manages stack up again national averages - but comparable ones.... not so generic that it's not really an apples to apples comparison Thank you!
Mr Bagwell Posted October 12, 2016 Posted October 12, 2016 Rumor has it..... a big company (starts with F) is compiling these types of statistics. You may want to check with a rep and see what they can generate for you.
david rigby Posted October 12, 2016 Posted October 12, 2016 Possibly something at the BLS or EBSA?http://www.bls.gov/crp/http://www.bls.gov/ncs/ebs/benefits/2016/benefits_retirement.htmhttps://www.dol.gov/agencies/ebsa/researchers/statistics/retirement-bulletins/private-pension-planCenter for Retirement Research (Boston College)http://crr.bc.edu//Pension Research Councilhttp://www.pensionresearchcouncil.org/Pension Rights Centerhttp://www.pensionrights.org/Let us know if you find something worth sharing. I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
Recommended Posts
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 accountSign in
Already have an account? Sign in here.
Sign In Now