The Plan Sponsor Council of America tackles applying legal limits as plans are looking to see how plan sponsors handle implementing some of the technical aspects of plan administration.
The average 401(k) savings rate — including employee deferrals and company contributions — has maintained historic levels as plan designs make it easier for workers to set money aside. In 2023, the ...
The average 401(k) savings rate has maintained a record high, as some retirement plans make it easier for workers to enroll and contribute. In 2024, the average combined savings rate for employee ...