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DCIIA Fourth Biennial Plan Sponsor Survey (PDF)
Defined Contribution Institutional Investment Association [DCIIA]
Dec. 5, 2017 12 pages. "Over 60% of all plans have implemented auto enrollment, but the majority of those are larger plans.... Ninety-three percent of plan sponsors surveyed who have implemented auto enrollment do so with all new hires.... [D]efault savings rates for auto enrollment are increasing.... [T]he use of auto escalation is also growing.... [T]he default annual contribution escalation rate remains steady, at 1%.... Prior to the implementation of auto enrollment, only 11% of plans had participation rates over 90%. Post-implementation, the percentage of plans whose participation exceeded 90% increased more than fourfold to 46%." MORE >> |
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