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Brightscope/ICI Data Show Employer Commitment to 401(k) Plan Saving
Investment Company Institute [ICI]
Sept. 28, 2022 "In 2019, 87 percent of large 401(k) plans, covering more than 90 percent of 401(k) participants, had employer contributions. Employer contributions represented 31 percent of total contributions going into large 401(k) plans in 2019.... [L]arge 401(k) plans offer participants, on average, 28 investment options.... In 2019, 86 percent of large 401(k) plans offered target date funds (10, on average)." MORE >> |
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