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401(k) Plan Participants Contributing At Record Levels, Survey Says

FYI: Americans are socking away a higher percentage of their income in workplace retirement plans than ever before, according to a recent survey.

The Plan Sponsor Council of America (PSCA) surveyed 605 plan sponsors and found that employers are contributing an average of 5.1 percent of pay to their employees’ defined contribution plan accounts, the highest number ever recorded in the survey.
Regards,
Ted
https://www.fa-mag.com/news/as-401-k-s-evolve--plan-participants-contribute-at-record-levels-42305.html?print
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