Posts Tagged ‘employer contribution’

New Study on Employer Contribution Trends from Fidelity

March 28th, 2019 by Jonathan Leidy

The 2019 Facts and Insights piece from Fidelity highlights common trends in Employer Contributions to 401(k) and other defined contribution plans.

Three primary takeaways:

  1. The overwhelming majority of employers is making an employer contribution of some sort to their plan.
  2. The most common match formula is the Standard Safe Harbor Formula, or “5% gets you 4%.”
  3. Employers are now taking a hard look at their contribution rates and how to best marry them with recommended long-term savings rates as well as programs like auto-enrollment.

Read the full report by clicking the link below.

20190101 Company Match Trends_Page_1

 

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