Sign up today and take advantage of member-only content — the kind of timely, cutting edge industry insight that only Money Management Executive can deliver.
  • Exclusive Online Only Content
  • Free Daily Email News Alerts
  • Asset Management Blogs

Study Finds High Defined Contribution Participation


Over 85 percent of all U.S. employees that are eligible for their company's defined contribution plan actually participate, and over 50 percent of all U.S. employees are eligible for such plans, according to a recent study by the Profit Sharing/401(k) Council of America.

The council had estimated 1998 participation by eligible employees at 80 percent. Participation in 1988 was 57 percent, the group had found.