Archived Insight | June 12, 2018

Are Your People Saving Enough for Retirement?

Most organizations monitor their overall defined contribution (DC) plan participation. This standard periodic review may paint a pleasant picture, such as, “Eighty-three percent of your employees participate in your DC plan. The average employee saves 6.2 percent of his or her salary. That’s up from 5.5 percent last year.”

That sounds encouraging. Yet aggregate statistics can mask problems that undermine an organization’s efforts to help employees prepare for their own retirement. A closer look into the data — especially employee savings patterns — can expose hidden problems that may even affect organizational productivity and success.

retirement savings patterns Download Now

How can DC analytics help with your workforce planning?

It's a great question. We uses methodical diagnostics to create customized reports about your plan’s patterns that are measurable and actionable.

Get Your Report

See more insights

Senior Woman Uses A Laptop At Home

Meeting the Moment: Helping People Navigate Change at Open Enrollment

Discover practical open enrollment communication strategies that help employees understand options, make informed decisions and take action.
A Loving Couple In Their Golden Years Shares Laughter Over Coffee

VAPPs Can Help Rethink Defined Benefit Pension Plan Design

VAPPs can help funded pension plans balance risk, support retirement income and create a more sustainable path forward.
Three Multi Ethnic Construction Workers Having A Discussion

As PPA Turns 20, a Retrospective on Zone-Status Survey Data

New survey data shows the resurgence of green-zone plans, funded status trends and lessons for the future of multiemployer pensions.

This page is for informational purposes only and does not constitute legal, tax or investment advice. You are encouraged to discuss the issues raised here with your legal, tax and other advisors before determining how the issues apply to your specific situations.