Tag: deferral rate

While each employer defines and measures retirement program success differently, plan sponsors have a goal in common

In the decade following the Great Recession of 2008, for participants who remained invested in their 401(k)s, overall, average balances...

Participation rates were nearly 96% higher for plans—a difference of 40 percentage points—with auto enrollment; the usage of auto escalation...

J.P. Morgan makes recommendations for plan design and TDFs based on savings and withdrawal behaviors it analyzed.

Setting defaults too low, choosing the wrong default investment and offering company stock as an investment option could result in...

Only 33% of Americans are comfortable with their retirement readiness level.

In conclusion, IZA says, “the data do not support the idea that presenting optional 401(k) plan information in a simpler,...

“We continue to see the significant impact plan design and financial wellness programs have on participant behavior, as evidenced by...

A report from the National Institute on Retirement Security shows that 66.2% of working Millennials have nothing saved for retirement.