Despite the unstable economy, employers remain committedto 401(k) plans, according to a study released by WorldatWork, a global human resources association along with the American Benefits Institute.

While there have been stories of companies suspending or eliminating their 401(k) match to reduce costs over the recession, 88 percent of employers say they still offered matching contributions during the previous five years.

"The survey results show that employers and employees are utilizing 401(k) plans and value these plans as an integral piece of retirement planning," says said Cara Woodson Welch, WorldatWork vice president of policy and public affairs. "Employers continued investment in 401(k) plans seen though sustained contribution levels, enhanced plan choices and increased usage of automatic enrollment features is further evidence that employers view 401(k) plans as a fundamental part of an employee's total rewards package.