FYI: Defined contribution (DC) retirement plans are the centerpiece of the private-sector retirement system in the United States. More than 97 million Americans are covered by DC plan accounts, with assets now in excess of $7.5 trillion.1Vanguard is among the leaders in the DC marketplace with more than $1.2 trillion in DC assets under management as of March 31, 2018. In our DC recordkeeping business, we serve more than 10,800 plan sponsors and more than 4.9 million participants. As an industry leader, Vanguard recognizes the importance of having a detailed understanding of DC plans and the role they play in the U.S. retirement system. Accordingly, we are pleased to present How America Saves 2018: A report on Vanguard 2017 defined contribution plan data.In this 17th edition of How America Saves, we update our analysis of DC plans and participant behavior based on 2017 Vanguard recordkeeping data
Regards,
Ted
https://pressroom.vanguard.com/nonindexed/HAS18_062018.pdf
