Matching contributions remain the most popular way for employers to supplement or incent participant retirement savings. Overall, a healthy 74% of all plans have a match, though this number does reflect a slight drop from past years. Sponsors are expanding adoption or use of other strategies. For example, those matching Roth contributions or catch-up contributions have increased in each of the past three years, to 62% and 92%, respectively. Sponsors giving true-up matches, which, at year-end, reconcile participants’ actual vs. expected match levels, also increased, to 39%.
Plans Offering Employer Match
Plans With 'True-up' Match Provision
- Don’t know