Retirement
Helping Workers Prepare for Retirement
Retirement savings and planning benefits have remained generally consistent the past couple of years. Still among the most important benefits employers feel they can provide, the value generated for their employees by offering and maintaining a well-organized retirement savings plan remains evident. Notably, however, Roth 401(k) plans once again increased to reach a new high, continuing a trend seen over the past 5 years.
Continue below to explore retirement savings and planning benefits and what organizations like yours are offering in 2024.
How Do Your Benefits Stack Up?
Use the tool below to explore benefit categories by industry, organization size or location
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Employer Matching
Of employers who offer a traditional 401(k) or Roth 401(k) plan (or similar options), most also make contributions to those plans.
84%
Traditional 401(k) or Similar
6.61% average maximum percentage match
75%
Roth 401(k) or Similar
6.50% average maximum percentage match
Automatic Enrollment
52% of employers automatically enroll new or existing employees.
Automatic Deferral Escalation
27% of employers automatically escalate salary deferral amounts for defined contribution plans.