2024 401(k) Benchmarking Report | Benefit Plan Benchmarking Report
2024 Employee Benefit Plan 401(k) Benchmarking Report

Benefit Plan 401(k) Benchmarking Report

 

What are the top trends in 401(k) plans and plan management? How are strategies evolving? And what steps are businesses and non-profits taking to help their employees be retirement-ready?

Every three years, we survey organizations of all different sizes across industries to identify trends, topics, and new ideas that are helping attract and retain talent – and help employees prepare for a successful retirement. In the full report, we’ll share their answers and compare trends to our study’s findings in the 2021 edition.

Methodology

We surveyed companies across a range of industries as well as not-for-profits asking 26 key questions on multiple topics, including plan size, success and success factors, operations and management, and satisfaction (both employer and employee).

The survey was conducted online in the third quarter of 2024. 147 companies and non-profits responded – a 15% increase in participation over the 2021 survey.

Please note that many of the percentages indicated do not total 100% due to rounding and to some participants indicating “other,” or responding that they are unsure of their organization’s status.

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