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Employee Engagement Is Challenge for Retirement Plan Sponsors in Healthcare Industry
Transamerica Retirement Solutions Link to more items from this source
July 8, 2014
"Retirement readiness measures are gradually supplanting participation rates as reliable indicators of plan performance.... Eighty-seven percent of surveyed plan sponsors indicated that their plan's default deferral rates were not high enough. The number of healthcare plan sponsors who offer automatic enrollment default deferral rates of three percent or less declined to 48 percent in 2014 from 70 percent in 2012, while the rate of those utilizing a default deferral rate of five percent or more nearly quadrupled during the same period."

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