group photo of office workers (Photo: Shutterstock)

Before the pandemic, 80 million individuals did not have access to a retirement savings option, and 43% of employers did not offer one. A vast majority of small to midsize businesses do not offer retirement plans due to the cost, administrative burden, or lack of employee interest, but 68% of independent savers would participate in a workplace retirement plan if they had access.

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.