Highest Employer-Sponsored Retirement Participant Deferral Rate Reached in 2017
HR Daily Advisor
JULY 6, 2018
Automated features now standard for most employer-sponsored retirement plans helped bring about a record 8.3-percent percent average participant deferral rate in 2017—the highest level in a decade, according to a recent T. percent setting a 3-percent default, the firm said in its annual “Reference Point” report for 2017.
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