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Loan & Distribution Specialist AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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T. Rowe Price: 401(k) Participation Nears 80%
planadviser July 28, 2020 "T. Rowe Price Retirement Plan Services' annual benchmarking report of the plans it serves shows that, in 2019, plan participation was 79.6%. This is up from 78.1% in 2018 ... The increase is largely because 61% of the plans for which T. Rowe is the recordkeeper use automatic enrollment, a rate that has increased by more than 2 percentage points from 2018 and 14 percentage points from 2013." |
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