2023
PLANSPONSOR Participant Survey

Our 10th annual PLANSPONSOR Participant Survey, now performed in partnership with first-party data company Dynata, was fielded by way of Qualtrics online survey platform, September 29 through October 12. There were 2,338 respondents, 18 through 70 years old. The following data represents 971 full- and part-time employees who currently participate in an employer-sponsored defined contribution plan. This year, for our section on hypothetical tradeoff scenarios offered by the employer, we present the results broken down by demographic data points, along with the overall findings. We asked respondents to report their readiness for retirement, including current savings, current contribution rate, actions taken in the past year, etc. If you have any questions regarding our 2023 Participant Survey or would like to learn more about PLANSPONSOR surveys, please contact surveys@issmediasolutions.com. —Kimberley Gonzalez-Quiles