red rising arrow with dollar sign Do better-compensated employees make for a more talented and motivated workforce, or is it that more profitable companies can afford better 401(k) plans? (Photo: Shutterstock)

Do generous, well-designed 401(k) plans make for better workers that improve employers' profitability?

Perhaps it's a chicken-or-egg question—do better-compensated employees make for a more talented and motivated workforce, or is it that more profitable companies can afford better retirement plans?

Irrespective, new analysis from T. Rowe Price suggests a strong correlation between high quality 401(k) plans and the ultimate productivity and profitability of the companies that sponsor them.

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Nick Thornton

Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.