Friday, March 03, 2006
401(k) Plan Participant Rates Continue to Decline
More employees are either investing sparingly or failing to enroll at all in 401(k) plans, according to a study from The Spectrem Group Inc.
But less easily dispelled are the growing numbers of employees who are taking a pass on the plans altogether.
The participation rate fell to 70% in 2005 from 80% in 1999, according to Spectrem, which surveyed 500 employers who sponsor plans.
401(k) Plan Participant Rates Continue to Decline
Source: Investment News (subscription required)
But less easily dispelled are the growing numbers of employees who are taking a pass on the plans altogether.
The participation rate fell to 70% in 2005 from 80% in 1999, according to Spectrem, which surveyed 500 employers who sponsor plans.
401(k) Plan Participant Rates Continue to Decline
Source: Investment News (subscription required)
Permalink posted by armandn @ 8:22 AM 
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