One area in defined contribution plans that varies widely from employer to employer is that of matching contributions.
Those are among the findings in in the 15th anniversary edition of “How America Saves,” Vanguard's annual defined contribution report, released in tandem with the 10th anniversary of the Pension Protection Act.
In addition to exploring other aspects of defined contribution plans, the report looked at plans offering matching contributions, those offering nonmatching employer contributions and plans to which the employer made no contribution at all.
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