Employee Benefits Survey - Retirement
2024 Employee Benefits

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

  • Significantly Down
  • Down
  • No Change
  • Up
  • Significantly Up
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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%

Employer Matching 401k

 

Traditional 401(k) or Similar

6.61% average maximum percentage match

75%

Roth Matching 401k

 

Roth 401(k) or Similar

6.50% average maximum percentage match

piggy bank

Automatic Enrollment

52% of employers automatically enroll new or existing employees.

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Automatic Deferral Escalation

27% of employers automatically escalate salary deferral amounts for defined contribution plans.