Archive
By Staff Report
Nov. 19, 2000
From a survey of 1,020 employers:
|
% of Employers |
|
| Matched savings/thrift plan: | |
| With 401(k) salary reduction |
91% |
| With 401(k) reduction and ESOP | 2% |
| Without 401(k) salary reduction | 2% |
| Unmatched savings/thrift plan: | |
| With 401(k) salary reduction | 5% |
| Without 401(k) salary reduction | <1% |
| Deferred Profit-Sharing Plan: | |
| With cash or deferred option | 2% |
| With 401(k) salary reduction | 4% |
| With salary reduction and cash option | 1% |
| Without salary reduction or cash option | 12% |
| Money purchase pension plan | 10% |
| (or other unmatched plan with fixed | |
| employer contribution) | |
| Subsidized stock purchase plan | 12% |
| ESOP (stand-alone plan) | 7% |
| Other (e.g., retiree health care account) | 1% |
| No defined contribution plan | <1% |
Source: Hewitt Associates, LLC
Workforce,November 2000, Vol. 79, No. 11, p. 70 — Subscribenow!
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