Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Retirement Plan Administrator

Nicholas Pension Consultants
(Remote / Corona CA / Rancho Cordova CA)

Nicholas Pension Consultants logo

Retirement Plan Analyst/Administrator

Compensation Strategies Group, Ltd.
(Remote / Beaumont TX)

Compensation Strategies Group, Ltd. logo

Education Consultant

(Remote / Putnam Valley NY)

Pentegra logo

Quality Assurance Manager

Nova 401(k) Associates

Nova 401(k) Associates logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>

Employees Still Eschewing 401(k) Plans, According to a Study by Hewitt Associates
The Business JournalLink to more items from this source
Aug. 31, 2005
Excerpt: Hewitt's study, which examined the saving and investment behavior of more than 2.5 million employees eligible for 401(k) plans, shows that the rate of participation in 401(k) plans during 2004 increased 2.1% to 70.3% from 2002, and average 401(k) balances reached $69,000. However, nearly 30% of employees still did not participate in their 401(k) plans, with only 46% of workers under the age of 30 participating.

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2022, Inc.