Participation in defined contribution retirement plans reached an all-time high last year, according to a report by Aon Hewitt. 

Nearly four-in-five (78 percent) of those eligible put money into DC accounts, the report said, and the average before-tax contribution rose from 7.2 percent to 7.3 percent. Nearly three-quarters of workers (72.5 percent) saved more than the company match.

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