Last week we looked at the variance in the adoption of 401(k) plans by industry. Keep in mind that this study only looked at the large plan market. I wanted to see if the pattern holds true when we look at smaller plans (2-99 participants):
-adoption-by-industry-300.jpg)
As you can see, it doesn't. What I find especially interesting here is that the pattern is reversed. In last week's study, it seemed like there were more blue collar jobs at the low end of the list. Here, we've got things like finance and real estate being low on the adoption scale.
Also noteworthy is that adoption overall seems much more even across industries, and the overall rate is higher.
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