Plan participants stuck with retirement savings last year

Plan participants are, by and large, continuing to save for retirement, with hardship withdrawals holding steady and allocations staying pretty much the same.

By Marlene Y. Satter | Updated on May 02, 2015

Plan participants are, by and large, continuing to save for retirement, with hardship withdrawals holding steady and allocations staying pretty much the same.

Those are some of the findings from the Investment Company Institute’s research report “Defined Contribution Plan Participants’ Activities, 2014,” which found that most people in a DC plan are continuing to contribute. Just 2.9 percent stopped doing so during 2014; that’s up just a bit from 2013’s 2.7 percent.

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