The number of employers offering a sponsored retirement plan slightly increased in 2012 from four years prior, while matches and employer contributions remained near constant, according to a survey released today by WorldatWork and the American Benefits Institute.
In 2012, 94% of employees said their company provided a 401(k) plan, compared to 91% in 2008, the Trends in 401(k) Plans and Retirement Rewards report of about 500 employees nationwide found. However, the survey summary says that these numbers may be skewed due to the fact that more than 71% of companies involved employee more than 1,000 people and the report’s name, which may have signaled to potential participants that only those who offer a 401(k) plan should participate.
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