In large U.S. establishments with 500 or more employees, 91 percent of workers have access to a retirement plan, according to the U.S. Census. In comparison, among companies with less than 50 employees, only 46 percent of workers have retirement plan access.  

This is known as the "retirement coverage gap," and for decades policymakers have been trying to close it—to little avail. 

Now, however, the trend is changing with state-based initiatives that will require most employers to offer all workers retirement plan access. Now is the time to increase awareness of this trend among your small-business clients. Some may choose to start their own plans sooner, rather than be roped into state-run plans later.

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

  • Critical BenefitsPRO 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 events
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.