Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The financial crisis of 2008 had an unintended consequence which was that employers stopped putting matching contributions in their employees’ 401(k) accounts. According to a recent Plan Sponsor Council of America report, “Annual Survey of Profit Sharing and 401(k) Plans,” 65 percent of plans that offer a match provide a fixed match, while 35 percent offered a graded match.

Arnerich Massena, Inc. released a report this month looking at the effects of matching on a plan.  According to the analysis, many reports suggest that an employer match increases employee participation in a plan. Other research finds that since many plans automatically enroll participants into a plan with a match, it is hard to distinguish who is choosing to participate because of the match and who isn’t.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2022 ALM Global, LLC. All Rights Reserved.