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THE PROFIT SHARING AND 401K ADVOCATESHARING THE COMMITMENT SINCE 1947
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401(k) Savings Rates

Source: PSCA's 51st Annual Survey of Profit Sharing and 401(k) Plans

Percentage of Pay Saved

The average 401(k) participant saved between 5.5% and 7% of their salary pre-tax in their 401(k) plan.

Percentage of People Participating

81.9% of workers eligible to participate in a 401(k) plan have chosen to participate.

Company Contributions

96% of 401(k) plans surveyed provide some form of company contribution. The most common type of company matching contribution is $0.50 on the dollar, up to the first 6% contributed by the employee.

Source: PSCA's 51st Annual Survey of Profit Sharing and 401(k) Plans

Percentage of Pay Saved

The average 401(k) participant saved between 5.5% and 7% of their salary pre-tax in their 401(k) plan.

Percentage of People Participating

81.9% of workers eligible to participate in a 401(k) plan have chosen to participate.

Company Contributions

96% of 401(k) plans surveyed provide some form of company contribution. The most common type of company matching contribution is $0.50 on the dollar, up to the first 6% contributed by the employee.
Take Control with Your 401(k)

"It was the consensus of our committee members that Take Control with Your 401(k) has a very cleary written section on every important 401(k) topic... so we bought a copy for everyone!"

Dennis Buster, Everett Charles Technologies, Inc.

David Wray's book, Take Control with Your 401(k) has been revised to reflect the changes that have occurred since the book was originally published in 2002.

Profit Sharing / 401k Council of America
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