Sponsors of defined contribution plans have increased the useautomated features in those plans over the past 10 years as theyseek to boost plan participation rates, saving ratesand balanced asset allocation strategies.
That’s according to Vanguard’s study of DC plans, How America Saves 2017, which also finds that,in addition to the use of such features as auto-enrollment andauto-escalation and the use of target-date funds as qualifieddesignated investment options, during 2016 there have also beensteady sponsor contributions—another means of improving participantoutcomes.
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