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Fact of the Week: 6 May 2013


fact of the week

Participation in Retirement Plans with Auto-enrollment is 10% Higher Than in Plans Without Auto-enrollment

Retirement plans with "automatic enrollment have higher participation rates than those without this plan feature. Only 67.3 % of workers participate in plans without an auto-enrollment provision, compared with 77.1% of workers in plans with automatic enrollment."

Butrica, B., & Karamcheva, N. S. (2012). Automatic enrollment, employee compensation, and retirement security. (Working Paper Executive Summary No. 2012-25). Chestnut Hill, MA: Center for Retirement Research at Boston College. Retrieved from crr.bc.edu.

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