2020
DC Survey: Plan Benchmarking
2020 Survey
Match Features
Offered in 73% of all defined contribution plans, matching contributions are a popular way for employers to supplement participant retirement savings. However, use of matching contributions slid for the second consecutive year, down from 77% in 2018. The largest decrease is found among plans with under $5 million in assets; of these, 64% offer a match, vs. 73% in 2018. Still, employer match features continue to get more participant-friendly. For example, 41% of employers now offer a “true up,” and 80% make match contributions each pay period—both up from last year.
Plans With ‘True-up’ Match Provision
Unique defined contribution (DC) benchmarking tools based on feedback from roughly 3,000 employers
PLANSPONSOR Industry Reports in a nutshell:
- 65+ pages in PDF format
- Cover DC plans in 50 different industries
- Compare client plans to others in the same industry and asset class, and overall
- Available with your firm's branding or logo on every page
- Distributable to sales staff or adviser network; post on your client site behind registration
Availability: December 2020
Download more information here.
Contact Rob Reif / 212-217-6906 / robert.reif@issmediasolutions.com
