Companies boost 401(k) matches

of the 14.8 percent of companies that suspended matching contributions in the last three years in the last three years, 39.3 percent have restored them and 37.8 percent are planning to restore them within the next six months.

By Jenny Ivy | Updated on December 21, 2010

Companies that are weathering the economic storm are headed into the upswing with a bigger focus on restoring and maintaining 401(k) plans.

According to a recent survey from the Profit Sharing/401k Council of America, of the 14.8 percent of companies that suspended matching contributions in the last three years in the last three years, 39.3 percent have restored them and 37.8 percent are planning to restore them within the next six months.

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